M&G : Eva Sun-Wai appointed manager of M&G Global Government Bond Fund

News release

Eva Sun-Wai appointed manager of M&G Global Government Bond Fund

London, 4 January 2021 - M&G today announces that Eva Sun-Wai has been appointed as fund manager of the £213 million M&G Global Government Bond Fund 1, with immediate effect.

The promotion is in recognition of Eva's contribution in implementing macroeconomic trade ideas to the team since joining in 2019 as Junior Macro Fund Manager. Her new responsibilities also include deputising on M&G's £2.34 billion Global Macro Bond strategy2, managed by Jim Leaviss.

The M&G Global Government Bond Fund - which aims to provide a higher total return (the combination of capital growth and income), net of fees, than the average return of the IA Global Bond sector over any five-year period - will see no change to its investment objective and policy. Over a five-year period, the Fund has returned 8.35% per annum versus the sector average of 5.82%, placing it in the top quartile 3.

Jim Leaviss, CIO Public Fixed Income, M&G, says: "Eva has been working closely with Claudia Calich and myself since joining the team and we've been consistently impressed with her investment ideas. Taking the lead on a fund which focuses on global rates and FX plays to her strengths and it 's provided us with an excellent opportunity to promote a rising talent which will, in turn, benefit our customers."

-ENDS-

If you require any further information, please contact:

Irene Chambers

M&G Corporate Communications

Tel: [phone]

[e-mail]

Notes to Editors

1. The size of the M&G Global Government Bond Fund as at 30 November 2020
2. The M&G Global Macro Bond Fund strategy encompasses both the M&G Global Macro Bond Fund (OEIC) and the M&G (Lux) Global Macro Bond Fund as at 30 November 2020, converted to GBP.
3. As at 30 November 2020. Morningstar & M&G Statistics, price to price basis, I share class.

Eva Sun-Wai, Fund Manager, M&G Global Government Bond Fund

Eva joined the Wholesale Fixed Income team in September 2019 as Junior Macro Fund Manager. Her role involves implementing macroeconomic trade ideas in the Global Macro Bond Funds and the Absolute Return Bond Funds. Prior to this role, she joined M&G in 2018 on the Investment Graduate Scheme, rotating across several business areas including Emerging Market Debt, Corporate Credit Research, Real Estate and Long Term Investment Strategy.

Before joining M&G, she worked as a summer intern at State Street Global Advisors, working on passive products and ETF strategies. She has a BSc (Hons) Economics degree from the University of Birmingham. She has obtained the IMC and Financial Services Level 6 qualifications, and is currently studying for the CFA charterholder.

About M&G Investments

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M&G Investments is part of M&G plc, a savings and investment business which was formed in 2017 through the merger of Prudential plc's UK and Europe savings and insurance operation and M&G, its wholly owned international

investment manager. M&G plc listed as an independent company on the Lo ndon Stock Exchange in October 2019 and has £339 billion of assets under management (as at 30 June 2020). M&G plc has over 5 million customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.

For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, fixed income, multi asset, cash, private debt, infrastructure and real estate.

M&G recognises the importance of responsible investing and is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Programme.

M&G plc has committed to achieve net zero carbon emissions on its total book of assets under management and administration by 2050 and committed to reduce operational carbon emissions as a corporate entity to net zero by 2030.

For more information, please visit: https://global.mandg.com/

This information is intended for journalists and media professionals only. It should not be relied on by private investors or advisers. Please note that not all of the funds referenced in this press release will be available in your jurisdiction.

Issued by M&G Securities Limitedwhich is authorised and regulated by the Financial Conduct Authority and provides investment products. The company's registered office is 10 Fenchurch Avenue, London EC3M 5AG. Registered in England and Wales. Registered number 90776.

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