Navigating Policy Shifts: Tariffs, Market Volatility and Quarterly PruFund Update

John Butler

Senior Managing Director, Partner, and Macro Strategist at Wellington Management

As the investment team leader of the firm’s Global Macro Strategy effort and a member of the Global Bond Team, John leads our global macroeconomic strategy efforts and contributes to the management of global portfolios for the firm’s clients around the world. He focuses on macro forecasting & analysis and monetary policy for the UK, Europe and Japan, as well as the global cycle, translating key macro data into investable ideas and themes and working closely with investors around the firm.

Prior to joining Wellington Management in 2007, John was the head of UK and European economics at HSBC Investment Bank (2000 – 2007). Before that, he worked at the Bank of England in its monetary analysis department, helping to provide forecasts for the Monetary Policy Committee and contribute to the quarterly inflation report (1995 – 2000).

John has an MSc in economics (1994) as well as a first-class BSc degree in economics (1993), both from the London School of Economics.

Chris Hudson

Director, Distribution

Chris has previously held senior sales and distribution roles at Aegon, Aviva, LV and most recently Standard Life UK (part of Phoenix Group), where he headed up propositions, marketing and distribution for their Intermediary business.

Chris has a strong track record of leading high performing teams, bringing new products to market, and delivering profitable distribution strategies - all of which are key to M&G’s plans to further unlock the growth potential in our business. He has always been a leading advocate of smoothed products, and is leading M&G’s drive to promote PruFund and build smoothed funds as an asset class.

Ciaran Mulligan

CIO - Investment Management & Oversight 

Ciaran joined M&G in May 2015 and co-heads the team responsible for the management of the assets of Prudential UK. This team is responsible for the asset allocation, the manager selection and the mandate design for c£150bn of internal client assets. Prior to joining, Ciaran spent time as an investment consultant to UK Pension schemes and as a Fund of Funds portfolio manager. This included 6 years at Buck Consultants, Investment Consultancy which culminated in his appointment as the Global Head of Research where he was responsible for setting up the global research platform. Prior to joining Buck in 2009, Ciaran was Head of Research and Portfolio Manager for Fixed Income Strategies at Investment Solutions (part of the Alexander Forbes group), whom he had joined in 2003. Ciaran studied Actuarial Science at Heriot-Watt University.  

Olivia Trevor

Investment Manager Oversight Analyst  

Olivia joined Manager Oversight in 2019 from M&G’s Investment Graduate Scheme, having joined M&G in 2018. The team is responsible for manager selection, mandate design, multi-manager portfolio construction and assessing the ongoing suitability of the managers used by the T&IO. The Manager Oversight team provides the link between the Investment Office and the managers who manage assets across equity, fixed income, property and alternatives for T&IO’s portfolios. Olivia studied Economics at Durham University and is a CFA Charterholder.  

Andrew Yule

Key Account Director

Andrew joined M&G in 2011 and has more recently focused on developing and maintaining strategic relationships with national advice firms, networks, and service providers. With a deep understanding of the evolving financial landscape, he works closely with advisers and advice firms to provide tailored support as they navigate complex client needs. Passionate about innovation and collaboration, Andrew is dedicated to helping planners deliver meaningful results for their clients.

M&G Wealth is a trademarked brand of the M&G plc group, which includes 3 business divisions as follows:

M&G Wealth Advice as provided by M&G Wealth Advice Limited, registered number: 5739054. 

Model Portfolio Services as provided by M&G Wealth Investments LLP, registered number: 0C305442.

M&G Wealth Platform as provided by Investment Funds Direct Limited, registered number: 11444019. 

Each legal entity is registered in England and Wales and has its registered address at 10 Fenchurch Avenue, London EC3M 5AG. Each legal entity is also a subsidiary of M&G plc and is authorised and regulated by the Financial Conduct Authority.

M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number: 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.