M&G has announced that Fabiana Fedeli will lead its 57 billion-pound (78.4 billion-dollar) Equities division from the newly created role of Chief Investment Officer. She will report to M&G’s CIO, Jack Daniels.
In a press release, the asset manager has highlighted that the appointment follows its commitment a year ago to revitalize its active equity investment capabilities, “which has focused on delivering more consistent investment performance and developing strategies to meet evolving customer and client needs”.
M&G has a rich heritage in active equities investment; from launching the UK’s first mutual fund in 1931 and continuing to develop innovative strategies since then, including the recent launch of a range of impact investment strategies to tackle global challenges such as climate change and healthcare.
With over 20 years of experience in the investment management industry, Fedeli joins from Robeco Asset Management where she was Global Head of Fundamental Equities; leading an international investment team managing a range of active equity strategies. She had direct portfolio management responsibility for three of those strategies and has extensive experience of integrating sustainability and impact into investment processes. Prior to Robeco, Fedeli held a number of roles both in portfolio management and equity analysis in London, New York and Tokyo.
“Equities will always have an essential role to play in an investor’s portfolio and we believe that active equity management will deliver greater value for clients over the long-term. Fabiana’s appointment demonstrates our commitment to this vital asset class, bringing a wealth of investment experience in both equities and sustainability. Fabiana will be working with M&G’s talented team of investors, to promote greater collaboration, idea-generation and innovation across the Equities division”, Daniels, CIO of M&G, said.
Meanwhile, Fedeli pointed out that M&G has “a long heritage in active equity management, a strong culture and clear investment values”. In her view, as the industry continues to evolve, it remains imperative for asset managers to anticipate and respond to their clients’ needs. “I look forward to working with the talented and experienced investment team to continue to develop M&G’s equities proposition”, she concluded.
Por Funds Society, Madrid
