M&G has made management changes at two of its UK equity funds.
The first is at its £511m M&G UK Income Distribution Fund, where Elina Symon has been appointed as manager with immediate effect.
James Taylor is to be appointed manager of the £278m M&G Smaller Companies Fund on 1 July, where he has worked for a number of years.
There will be no changes to the aims, objectives or policies of either fund, the asset manager stated.
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