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Home > Investments > Asia Pacific

By Nick Reeve | Published Sep 28, 2012

Emerging market manager Godfrey to leave M&G

M&G Investments’ emerging markets equity manager Michael Godfrey has left the firm after eight years.

Mr Godfrey is handing the management of the £467m Asian fund and £681m Global Emerging Markets fund to co-manager Matthew Vaight.

Mr Godfrey has co-managed the Asian fund since February 2008, and the Global Emerging Markets fund since it launched in February 2009.

He joined M&G from Shell Pensions Management Services in August 2004.

M&G said in a statement that he had “decided to pursue another opportunity elsewhere in the industry”.

Fund broker Bestinvest said: “Given the continuity we expect this to be a smooth transition.”

Since launch to September 27, the Global Emerging Markets fund ranked in the top quartile of the IMA Global Emerging Markets sector with a 103.8 per cent gain.

The Asian fund was top quartile over five years in the IMA Asia ex Pacific sector with a 30.3 per cent.

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