M&G Investments has secured an additional €830m mandate from Dutch investment solutions provider ABN Amro Investment Solutions, expanding an existing global emerging markets equity mandate.
The move comes as investors look to diversify beyond US equities, where valuations remain high, the asset manager said. Emerging markets are viewed as offering structural opportunities, supported by attractive valuations, solid fundamentals, a weaker US dollar and broad opportunities across regions and sectors.
M&G, part of savings and investment group M&G plc, will continue managing the mandate using its global emerging markets investment approach. The strategy focuses on identifying high-quality companies through fundamental research, with a strong emphasis on return on capital and valuation discipline to deliver long-term returns.
M&G’s global emerging markets strategy aligns with Article 8 criteria under the EU’s Sustainable Finance Disclosure Regulation combining an exclusion framework, a positive ESG tilt and responsible investment practices throughout research and portfolio construction. Often referred to as “light green” funds, this category of funds promotes environmental and social characteristics but does not have sustainability as its core objective.
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Kelly Hébert, country head of France and BeLux at M&G Investments, said: “We are delighted that AAIS has decided to strengthen the Emerging Markets equity mandate entrusted to M&G. Their renewed commitment represents a strong endorsement of our longstanding expertise, our disciplined investment philosophy, and our ability to deliver responsible, high quality long-term returns in a market where active management truly adds value. We are seeing a clear increase in investor appetite for Emerging Markets as they look for diversification and long-term growth potential.”
François‑Xavier Gennetais, CEO at ABN AMRO Investment Solutions, said: “This mandate illustrates the strength of our expertise in open architecture and sub‑advisory, enabling us to combine robust governance and oversight with the capabilities of specialist investment Delegates. By working closely with M&G, we ensure full alignment with our investment objectives and sustainability requirements, while leveraging deep market knowledge and proven execution capabilities.”
Christophe Boucher, chief investment officer at ABN Amro Investment Solutions, said: “Emerging Markets continue to present compelling long-term investment opportunities, supported by improving fundamentals, attractive valuations and a broadening opportunity set across regions and sectors. We believe that a disciplined, research‑driven approach is essential to capturing this potential, particularly in an environment where selectivity and active stock selection are key drivers of performance.”
