MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to deliver a total return (the combination of capital growth and income) of at least 4-8% per annum above the 3-month LIBOR over any five-year period, after charges are taken. There is no guarantee that the Fund will achieve a positive return over five years, or any other period, and investors may not get back the original amount they invested.

Fund Managers

Eric Lonergan

Eric Lonergan joined M&G in 2006 as a member of the Multi Asset team and is co-manager of the Episode Macro and the Episode Growth strategies, as well as deputy manager of the Global Target Return strategy. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics. Eric is the author of “Money”, first published in 2009, and the co-author of “Angrynomics”, published in 2020.

David Fishwick

David Fishwick is CIO of the Macro Investment Business at M&G and has more than three decades of investment management experience. He joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently became responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, David relocated to Australia, where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the Episode Macro strategy, which follows the same philosophy, was launched in 2010. David, who has managed the strategy since launch, has a BSc in economics from Brunel University, London.