M&G announces new partnership with Merchant Investors

Four strong performing M&G funds, M&G Recovery Fund, M&G Global Basics Fund, M&G Strategic Corporate Bond Fund and M&G Optimal Income Fund, have been added to Merchant Investors' Pinnacle Range.

Clients can now access these M&G funds through Merchant Investors' ‘OneSIPP' and onshore insurance bonds.

As one of the most established and largest retail fund managers in the UK, M&G has successfully expanded its sales distribution network via all the core distribution channels. M&G has a dedicated partnerships and networks sales team which concentrates on building key partnerships with investment platforms, fund supermarkets and life companies.

Merchant Investors, based in Bristol, provides distinct and creative life and pension products, aimed at the sophisticated investor. The company was acquired by the Sanlam Group in December 2003 and now has circa £1.4 billion under management in the UK.

Andrew Watson, Partnerships Sales Director at M&G, comments: "We are delighted to be announcing a new partnership with Merchant Investors, a successful life and pensions provider in the UK. These four flagship funds have an excellent long-term performance record and have award winning, highly regarded fund managers. Access to M&G's equity and bond funds should further enhance Merchant Investors' retirement and investment propositions for financial advisers and their clients."

Stuart Geard, Head of Investments at Merchant Investors, comments: "Our investment team aims to select the best investment products available in the market that will help our investors realise their retirement and investment objectives. M&G is a leading fund management house and we have added four of M&G's top-class equity and bond funds to our Pinnacle Range of funds because we believe they have strong potential to outperform in the long-term."