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M&G Closes Euro Fund

M&G Investments has closed its European Special Situations fund.

    M&G Investmentshas closed itsEuropean Special Situationsfund,金融时报》reports. The £12.7 million fund was managed byRichard O’Connorand was introduced in February 2008.

    The fund eroded 18.2 percent in three years. O’Connor will continue managing some 15 funds for the firm, which includes the £29.8 millionM&G Fund of Investment Trustfund and several index funds.

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