M&G International Sovereign Bond \nFund
Mike Riddell
Fund manager: Mike Riddell
Products available: ISA, OEIC & Savings Plan
The Fund aims to maximise total return (the combination of income and growth of capital) through investment in a portfolio of investment grade debt instruments.
The portfolio will primarily consist of investment grade sovereign debt securities denominated in the currencies of the major industrialised nations, with the exception of the UK. The Fund’s exposure to sovereign debt may be gained through the use of derivatives. While the investment manager has power to hedge the currency risk for UK investors, the Fund will normally be managed so as to give exposure to non-sterling currencies. The Fund may also invest in other assets including government and public securities, collective investment schemes, other transferable securities, other debt instruments, cash and near cash, deposits, warrants, money market instruments and other derivative instruments.
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.