M&G Investments opens first offices in Australia, hires two
M&G Investments has opened its first two offices in Australia and appointed two of its senior people to lead at the new locations in Sydney and Melbourne.
Chris Andrews was appointed to head the Melbourne team as head of business development, Australia, and James MacKinnon was named head of Australia, real estate in Sydney. The two new appointees possess a combined 60 years of experience in fund management and real estate between them.
Andrews will be responsible for the range of investment capabilities for institutional clients and MacKinnon will lead the firm’s real estate business in Australia.
“We are seeing a growing demand from superannuation funds to diversify their portfolios through increasing allocations to international markets,” said William Nicoll, head of institutional fixed income at M&G. “Our existing Australian client base has traditionally sought our international public credit expertise, and now we’re seeing significant inter