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
A momentous 2010 saw the euro rocked as Ireland followed Greece to the brink of oblivion, a change of government in the UK and the BP oil spill. But what were the stories that grabbed Investment Week readers? These were the ten most read stories of 2010....
23 December 2010
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Bonds
M&G's Richard Woolnough has dismissed growing concerns of a bubble in corporate bond markets, saying credit is still priced for a recessionary environment.
04 October 2010
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Investment
M&G topped UK retail fund sales for the seventh consecutive quarter in Q2, taking in more than 20% of the industry's total net sales of £5.2bn.
16 August 2010
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Global
M&G's Richard Woolnough discusses what the future holds for the global economy on the third anniversary of the credit crunch.
12 August 2010
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