M&G appoints new managers in reshuffle of UK equity management teams

Two funds affected

M&G has appointed new managers on two of its UK equity funds, promoting existing team members into the roles.

Elina Symon has been appointed manager of the £511m M&G UK Income Distribution fund "in recognition of her significant contribution to the fund". Square Mile downgrades three M&G funds in latest ratings reshuffle She joined M&G in 2011 as a graduate and has worked as a dedicated analyst in the UK equities team since 2014, before assuming the deputy manager position on Charifund in 2018 and the UK Income Distribution fund in 2019. She takes on lead management responsibilities from incumbent manager Michael Stiasny, who will now deputise on the fund. James Taylor has been appointe...