M&G hires thematic equity investment managers

Fabiana Fedeli

Savings and investments firm M&G plc announced the appointment of two US-based thematic equity investment managers to develop the firm’s equity investment and research capabilities and to spearhead the launch of new investment strategies for clients.

Jeffrey Lin and Thomas Lee join M&G with 32 and 25 years’ experience respectively in technology and investing in technology-related thematic strategies.

M&G manages assets of roughly £350 billion.

“Jeffrey and Thomas join M&G from TCW Group where they ran investment strategies including AI, next generation mobility and entertainment technology,” said M&G.

“Jeffrey joins as Head of Thematic Equities and will report into Fabiana Fedeli, CIO Equity, Multi Asset & Sustainability.

“Thomas Lee joins as Deputy Head of Thematic Equities.

“With Jeffrey and Thomas’ appointments, M&G plans to expand its client offering of thematic strategies and add to the technology expertise of the Investment team.

“The new strategies will be based on a long-term approach, fundamental research and stock-picking, which is aligned to the existing investment process within the M&G’s equity division.”

Fabiana Fedeli, Chief Investment Officer, Equity, Multi Asset & Sustainability, M&G, said: “We see great value in thematic investing, particularly in technology-related areas and we believe technology will continue to play a pivotal role in our lives over the longer term.

“In addition, from a near term perspective, the recent market rotation away from technology stocks offers attractive entry point opportunities.

“With Jeffrey and Thomas’ appointments, and with the support of our wider equities capabilities, our new thematic equity team has the potential to drive change both for our clients and in our own investment processes.”

M&G Chief Investment Officer Jack Daniels said: “One of our priorities is to further internationalise our investment capabilities through broadening our investment strategies and expanding our range of thematic investment propositions.

“With the growth in areas such as AI and Big Data, there are huge opportunities to support the changing needs of our clients and to provide innovative solutions into how we invest their assets.”