M&G’s Fedeli Shifts to Cheaper Stocks After Tech’s Rapid Rally
M&G Investment Management is taking profit in technology stocks that have seen rapid gains and is instead seeking undervalued companies with strong fundamentals given volatile markets, said executive Fabiana Fedeli.
By Olivia Levieux, Tom Mackenzie, Anna Edwards, Guy Johnson · Bloomberg Markets
M&G Investment Management is taking profit in technology stocks that have seen rapid gains and is instead seeking undervalued companies with strong fundamentals given volatile markets, said executive Fabiana Fedeli.