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.
Investment
M&G's bond fund star Richard Woolnough said the impact of eurozone failure and the potential introduction of trade barriers by major economies are the two greatest threats to markets in 2012.
23 January 2012
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Economics
M&G stars including Richard Woolnough and Jim Leaviss helped the group rake in over £1bn of new money in the third quarter, keeping it in top spot in the retail sales charts.
08 November 2011
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Bonds
M&G's Richard Woolnough said he is uneasy at the way US banks have been able to book significant profits relating to the value of their debt in Q3 earnings figures.
01 November 2011
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Bonds
Richard Woolnough outlines some of the key themes featuring in M&G's award-winning bond fund range.
16 September 2011
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Bonds
M&G bond star Richard Woolnough has built up the largest exposure to high yield across his three bond funds since he started at M&G in 2004.
08 September 2011
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UK
M&G's Richard Woolnough is maintaining his underweight to UK banks as he predicts the sector will not see a turnaround for 10 to 20 years.
11 July 2011
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Investment
M&G's Richard Woolnough has slashed duration to just 3.3 years on his £3.9bn Optimal Income fund in anticipation of a spike in gilt yields.
05 May 2011
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