Phil Cliff, manager of the M&G Pan European Dividend Fund, is set to speak at InvestmentEurope's Fund Selector Summit, taking place in Milan on 13 November.
Phil Cliff, manager of the M&G Pan European Dividend Fund, is set to speak at InvestmentEurope’s Fund Selector Summit, taking place in Milan on 13 November.
Cliff, who focuses on dividend paying investments, will outline reasons why he believes dividend investing is compelling as a strategy to build wealth over the long term and why he believes the strategy has particular appeal in Europe.
Equity income is often associated with high yield investing, but this traditional approach may be flawed, as high yield is not an automatic signal of value, Cliff believes.
A much more compelling strategy, he suggests, is to focus on dividend growth and invest in companies that can increase their dividends over time. Rising dividends will naturally lead to higher share prices, and the compounding of this effect will reward investors with excellent total returns over the long run.
Cliff will explain how he applies this philosophy in European equity markets, the qualities he looks for in his stock selection process and how he constructs the portfolio to outperform in different market conditions.
Phil Cliff joined M&G in January 2012 and was appointed fund manager of the M&G Pan European Dividend Fund in April 2012. He also became fund manager of the M&G Dividend Fund in July 2013. Phil was previously head of European equities at Occam Asset Management and prior to that managed European equity portfolios at Threadneedle.
For further information on the InvestmentEurope Fund Selector Summit Italy click here: http://events.investmenteurope.net/italy