M&G seeks social impact with private debt fund

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M&G seeks social impact with private debt fund

UK social housing flats from PA 230x150
General view of the Wornington Green Estate in North Kensington, London. The estate is in the Golborne Ward, which ranks as the most deprived ward in the capital. The borough of Kensington and Chelsea is one of the most polarised in Great Britain, with some of the most expensive real estate in the UK just a short walk from several of the most deprived wards in the country - including the area around the Grenfell Tower. Picture date: Tuesday July 11th, 2017. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

M&G Investments has announced the public launch of a private debt fund that aims to achieve a positive social or environmental impact, while giving investors a return higher than that of public bonds. Meanwhile, a survey suggests funds of this kind make good returns.

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