M&G Investments is launching a global multi-asset fund designed to deliver a high and rising income.
Added to this, the fund offers the potential for capital growth over the longer term.
The M&G Income Multi Asset Fund will be managed by Steven Andrew, who has the freedom to invest directly and indirectly in equities, fixed interest and cash.
Mr Andrew, who has been with M&G for five years, can also invest in commercial property through funds and exposure to commodities can be achieved through listed securities .
He explained: "I believe the only way you can consistently and successfully deliver a growing income for investors while aiming to preserve their capital is through a multi-asset framework.
"This fund gives me the flexibility to scour the entire investment universe seeking out the best, sustainable income opportunities throughout any economic cycle, rather than being tied to a single asset class."
Meanwhile, a report by Co-operative Financial Services revealed recently that the amount of money saved or invested ethically by consumers has shown its biggest annual increase in a decade.




