Richard Woolnough
M&G fund manager
Richard Woolnough is a fund manager M&G Investments, the fund management arm of Prudential in the UK. In 2014, he became the highest paid person in the company, earning at least £15.3m in pay and bonuses, compared with the £11.8m earned by the then chief executive Tidjane Thiam. Born in Chesterfield, he began his career at M&G before working for Lloyds Merchant Bank, Italian insurer Assicurazioni Generali, Old Mutual and SG Warburg. Woolnough runs three funds at M&G Investments - which manages £35bn on behalf of Prudential policyholders and investors - one of which includes his £21bn Optimal Income fund.
Bonds
Prudential is considering plans to cap fund manager pay at asset management arm M&G Investments, after bond veteran Richard Woolnough scooped £32m in two years, according to reports.
29 March 2016
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2 min read
Bonds
Richard Woolnough, manager of the £24bn M&G Optimal Income fund, says he is at a loss to understand why the US is holding off on raising interest rates.
18 May 2015
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Industry
M&G's fixed income manager Richard Woolnough received a hefty pay package in 2014, larger than that of parent company Prudential's CEO Tidjane Thiam, according to reports.
31 March 2015
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Bonds
The European Central Bank may be forced to buy investment grade corporate debt in an expansion of its QE programme, according to M&G fixed income manager Richard Woolnough.
09 March 2015
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Asia
The economic situation in Japan over the last two decades can teach Western economies a number of lessons, with the region actually very successful at boosting its own citizens' wealth, M&G's bond veteran Richard Woolnough has said.
07 October 2014
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