M&G European Special Situations FundM&G European Special Situations Fund

Fund manager: Tim Short

Products available: ISA, OEIC & Savings Plan

Fund objective

The Fund aims to maximise long term total return to investors by investing predominantly in a wide range of European equities of companies in special situations.

Investment policy

The Fund seeks to maximise total return to investors through investment in a range of equities of European companies in special situations where the Investment Manager believes internal company change or external market change will positively affect the value of the company, or where the companies are undervalued due to pricing anomalies. The Fund will invest across a wide range of geographies, sectors and market capitalisations. The Fund may also invest in other assets including other transferable securities, collective investment schemes, money market instruments, cash and near cash, deposits and derivative instruments. Derivative instruments may be used in support of achieving the Fund’s investment objective.

About the fund manager

Tim Short joined M&G in 2008 with a focus on alternative equity initiatives and portfolio strategy. In 2009, he became head of the portfolio strategy & risk team and manager of a number of equity funds, including the Prudential Ethical Trust. Prior to M&G, Tim was at Axa Framlington as a European and global portfolio manager and established a successful track record in equity fund management and portfolio strategy. Previously, Tim worked for TCW as a European portfolio manager and was subsequently made head of global equities after the firm was sold to SocGen Asset Management. Tim is an IIMR associate, CFA charterholder and graduated with a first class degree in quantity surveying from Portsmouth University.

You may wish to read the fund key features document which contains further information about this fund. 

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Issued by M&G Securities Limited and M&G Financial Services Limited which are subsidiaries of M&G Limited. M&G Limited is incorporated and registered in England. Registered Office: Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 1048359. Registered for VAT, number GB235 3237 81. Both M&G Securities Limited and M&G Financial Services Limited are authorised and regulated by the Financial Services Authority and provide ISAs and other investments. M&G Securities Limited is registered on the FSA's register, No. 122057 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 90776. M&G Financial Services Limited is registered on the FSA's register, No. 122058 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 923891. Both companies are registered for VAT, number GB235 3237 81.