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M&G appoints Dermot Kiernan as property fund manager

M&G has appointed Dermot Kiernan as manager of its £251m Guernsey-domiciled property fund.

After working closely over the past year with current manager John Cartwright who retires on March 31 he will assume the role on March 1.

Kiernan has over 25 years experience in property investment and joined PRUPIM the real estate investment arm of M&G in September 2007.

Prior to this he managed segregated pension fund property mandates for LaSalle Investment Management.


Bankers brought to account

Last week, the banking industry faced the music before Parliamentary select committees, producing some startling admissions and political fireworks.

State of shock

By the time you read this, I will have returned to our shores. My experience of life down under has been clouded to a considerable extent by the tragedy that unfolded in the state of Victoria as we concluded our journey in New Zealand.

Equity falls hit Widows’ WP bonuses

Scottish Widows has cut bonuses by up to half after its with-profits fund fell by 17.5 per cent in 2008 due to a 54 per cent exposure to equities and property.

Natixis video: Making smarter use of asset classes

Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]


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