M&G poised to adopt Ucits lll

M&G aims to adopt Ucits III powers across its bond range on September 1.

M&G aims to adopt Ucits III powers across its bond range on September 1. The changes will affect the firm’s Gilt and Fixed Interest Income, High Interest, High Yield Corporate Bond, Real Yield, Corporate Bond, European Corporate Bond, Emerging Markets Bond, European High Yield Bond and International Sovereign Bond funds. M&G has written to advisers and unitholders for approval.