M&G Investments has launched the M&G (Lux) Global Strategic Value fund, broadening access to its global value strategy for international investors.

The fund invests in a diversified portfolio of stocks across sectors and market capitalisation. It builds on the same established investment approach as the M&G Global Strategic Value strategy, available to UK investors through an existing OEIC structure, managed by the same investment team formed in 2008, according to a statement by the UK asset manager.

The strategy invests in undervalued companies where the managers see potential for share price recovery over time

It is managed by Shane Kelly and supported by co-managers Richard Halle and Dan White. The fund complements M&G’s existing value range, including the M&G (Lux) European Strategic Value fund and M&G (Lux) North American Value fund.

Fabiana Fedeli, CIO equities, multi asset and sustainability at M&G Investments said: “We have witnessed an increasing dispersion in the performance of stocks, across geographies and sectors. This is the kind of environment where active managers, like M&G, can add real value and deliver returns for their clients.”

“Investors willing to look beyond the obvious can benefit from a growing opportunity set among overlooked and undervalued companies with the potential to re-rate meaningfully over time. The M&G (Lux) Global Strategic Value fund is designed to capture these opportunities and reflects M&G’s ability to anticipate and respond to the evolving needs of investors”.

 Amy Cho, CEO and head of Asia Pacific at M&G Investment added: “Asian investors are increasingly looking at global equities with a more deliberate lens. Many portfolios have benefited from broad market exposure and growth-led strategies in recent years, but concentration in a narrow group of large-cap names has also become harder to ignore.”

“In this environment, we believe investors need more ways to diversify their equity allocations — not by stepping away from global markets, but by accessing them through a different, valuation-led discipline,” Cho (pictured) said.

 “The launch of the M&G (Lux) Global Strategic Value fund is particularly relevant for investors in Asia because it brings together global diversification, active stock selection and M&G’s long-standing value expertise in a structure that can be accessed by international investors.”

“Value investing is not simply about buying what is cheap; it requires deep research, patience and the conviction to identify companies where the market may be underappreciating the potential for recovery or re-rating.”

“As markets become less uniform, with greater dispersion across sectors, regions and individual companies, we see a meaningful role for this strategy in helping Asian investors build more balanced, resilient global equity exposure over the long term.”

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.