London-based asset manager M&G Investments has launched a Global Strategic Value Fund, broadening access to its value strategy for international investors at a time when market conditions are increasingly rewarding active, research-driven stock picking.
The fund invests in a well-diversified portfolio of stocks across sectors and market capitalisation, building on the same established investment approach as the M&G Global Strategic Value strategy, available to UK investors through an existing OEIC structure.
The strategy invests in undervalued companies with potential for share price recovery over time. Managed by Shane Kelly and supported by co-managers Richard Halle and Dan White, the M&G (Lux) Global Strategic Value Fund will complement the firm’s existing value range, managing EUR13.1 billion of AuM and including the M&G (Lux) European Strategic Value Fund and M&G (Lux) North American Value Fund.
Fabiana Fedeli, CIO Equities, Multi Asset and Sustainability at M&G Investments said: “We have witnessed an increasing dispersion in the performance of stocks, across geographies and sectors. This is the kind of environment where active managers, like M&G, can add real value and deliver returns for their clients.
“Investors willing to look beyond the obvious can benefit from a growing opportunity set among overlooked and undervalued companies with the potential to re-rate meaningfully over time.
The fund is Article 8 compliant under the SFDR classification.
