M&G Emerging Markets Bond Fund
Mike Riddell
Fund manager: Mike Riddell
Products available: ISA & OEIC
The Fund aims to maximise total return (the combination of income and growth of capital)
The Fund primarily invests in debt instruments issued by emerging market nations* and their agencies. The Fund’s exposure to debt instruments may be gained through the use of derivatives. There are no restrictions on the currency in which debt instruments held in the portfolio may be issued, and accordingly the Fund may carry a greater than usual currency risk, which will not normally be hedged. The Fund may also invest in other assets including collective investment schemes, other transferable securities (including other debt instruments), cash and near cash, deposits, warrants, money market instruments and other derivative instruments.
* The current reference point for defining emerging market nations are those issuing bonds and listed within the JP Morgan Emerging Markets Bond Index Global as updated from time to time.
Mike Riddell joined M&G’s fixed income team in 2003, originally as a portfolio analyst. In March 2010, he was promoted to fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. Prior to joining M&G, Mike worked as an assistant portfolio manager at Premier Asset Management within the private client department, covering both equities and fixed income. Mike graduated from Birmingham University in 2001 with a BSc honours in money banking & finance, and passed CFA level 3.
In addition to the fund data that can be found by accessing the menu to the left of this page you may also wish to read the fund key features document which contains further fund information.