The information in this site is intended for Investment Professionals only. 

The information contained in these pages must not be used or relied upon by private investors. We recommend that you read our 'Terms & Conditions' before browsing the site.

Please click the appropriate button to the right to confirm that you are an Investment Professional and wish to continue.

Audience

M&G Global Convertibles Fund - Investment Review

26/01/2019

Against a background of rising volatility in global markets, global convertibles performed decently in 2018. We must, however, acknowledge that the performance of the M&G Global Convertibles Fund has been disappointing as the portfolio has battled against a series of headwinds. In this note we discuss some of the challenges faced and the action that has been taken to address them.

Investor sentiment became increasingly negative in 2018, as the news was dominated by a variety of worrying factors, including higher US interest rates, signs of weakness in global economic growth and trade tariffs. Brexit, as well as crises in Turkey, Argentina and Italy, also unsettled investors from time to time. Almost all asset classes fell.

Read the article

Please note that the value of investments and the income from them will rise and fall. This will cause the fund price, as well as any income paid by the fund, to fall as well as rise. There is no guarantee the fund will achieve its objective, and you may not get back the amount you originally invested.

Cyveillance Protected

The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
This website is for Investment Professionals only. Not for onward distribution to any other type of client. No other persons should rely on the information contained on this website. Content should therefore be shared responsibly with other investment professionals.