Dave Perret has replaced Alastair Bruce as portfolio manager of the £161m AUM M&G Asian fund.
It follows M&G's September hire of Oxford-based boutique Port Meadow Capital Management's Asia Pacific equities team, led by Perret and Car Vine who will also join the Asian fund as a deputy manager.
The hires saw Johan Du Preez step down from the management of two Japan funds with immediate effect, with Vine taking over the lead on the vehicles.
M&G's latest fund shake-up, which will see Bruce remain a member of M&G's global emerging markets equity team, will not impact the Asian fund's aims or objectives.
Perret is supported by a seven-strong team, covering fund management and research across London, Singapore and Hong Kong, with Vine deputising on the strategy replacingAlice de Charmoy who will join Bruce as a co-deputy manager of the M&G global emerging markets fund.
Head of equities at M&G Anton Oliver said: "With our recent significant investment in our Asian equities capabilities, it is only natural for us to harness the deep experience and skills Dave and team have to deliver the best outcome for our customers.
"I would like to thank Alastair for this management of these funds and wish him continued success in generating excellent performance for our clients in the global emerging markets team."
The M&G Asian fund is up 9.1%, 20.6% and 39.4% over one, three and five years respectively, according to FE fundinfo.
Its IA Asia Pacific ex-Japan sector has averaged 9.7%, 27.4% and 52.3% over the same time periods.