Asset Management

M&G Prudential appoints new CIO ahead of demerger

Jack Daniels moves across from Prudential to lead new investment unit, while longserving fixed-income chief Simon Pilcher exits

M&G Prudential appoints new CIO ahead of demerger

M&G Prudential, the fund management business that is in the process of being spun out of Prudential, has shaken up its investment leadership and put a veteran from its insurance parent in charge.

Jack Daniels, currently chief investment officer of Prudential UK, has been appointed chief investment officer of M&G Prudential ahead of the £341bn firm demerging from the FTSE 100 life insurer.

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