British asset manager M&G Investments has expanded its European presence as it looks to develop business on the continent as Brexit looms.
Micaela Forelli (pictured) has been appointed head of European distribution based in Luxembourg. Reporting to Jonathan Willcocks, global head of distribution for M&G, Forelli will look to develop the group’s recently established range of Sicav funds to grow M&G’s wholesale and institutional client-focussed presence in Europe.
Forelli will also continue in her existing role as director of global banks for M&G from Luxembourg. Forelli joined M&G in 2001, she has led the M&G global banks team since its inception 2010 and has led M&G’s Swiss business since 2016.
With Forelli’s move to Luxembourg, Manuele de Gennaro has been appointed managing director and chair of the Board of M&G Switzerland, based in Zurich. De Gennaro joined M&G’s team in Zurich in 2015 having previously worked at Aberdeen Investments and Credit Suisse.
Kelly Hebert has been appointed to the newly created role Head of M&G Belux (Belgium and Luxembourg). With 10 years of experience in the investment industry, Hebert joined M&G in 2014.
Jonathan Willcocks, global head of distribution for M&G, said: “Micaela’s immense experience helping grow M&G’s international business over the last 17 years will be a huge benefit to our customers across the continent as we further expand our Luxembourg Sicav platform and Mifid II distribution arm.”