{"id":5410,"date":"2006-12-13T00:00:00","date_gmt":"2006-12-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"mg-to-broaden-remit-on-three-fettered-funds-of-funds","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/12\/2006\/mg-to-broaden-remit-on-three-fettered-funds-of-funds.html","title":{"rendered":"M&#038;G to broaden remit on three fettered funds of funds"},"content":{"rendered":"<p>  CityWire.co.uk &#8211; M&amp;G is planning to alter the objectives of three of its leading fettered fund of funds to allow investment in a broader range of assets.<\/p>\n<p>  Under the plans the three funds \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 the M&amp;G Managed Fund, M&amp;G Managed Growth Fund and M&amp;G Global Managed Bond Fund \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 will be able to invest in other financial instruments, including  derivatives. There will also be an option for the latter two funds to invest in property.<\/p>\n<p>  M&amp;G said the proposed changes are being made as part of the company\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s adoption of the new COLL regulations. It is currently seeking shareholder approval for the move, and if approved they will  take effect in January 2007.<\/p>\n<p>  However, the company stressed that the fund\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s managers had no immediate plans to use the wider powers. The M&amp;G Managed Fund is managed by David Jane, M&amp;G Managed Growth by Graham French,  and M&amp;G Global Managed Bond by Jim Leaviss.<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/www.citywire.co.uk\/News\/NewsArticle.aspx%3FVersionID%3D87544%26MenuKey%3DNews.Home&amp;cid=0&amp;ei=1Px_RbGWI4WKpALx0pCECw\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CityWire.co.uk &#8211; M&amp;G is planning to alter the objectives of three of its leading fettered fund of funds to allow investment in a broader range of assets. Under the plans the three funds \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 the M&amp;G Managed Fund, M&amp;G Managed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5410","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5410"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5410\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}