Investors are facing a volatile financial environment amid inflation, ongoing Covid-19 restraints, and geopolitical conflicts.

M&G plc (“M&G”), the leading international savings and investment business, announces the appointment of Andrea Rossi as its next Chief Executive and Executive Director. Andrea will take up his new position on 10 October 2022, succeeding John Foley who, in April 2022, announced his intention to retire after seven years in the role.

As an ever-more-aggressive rate-hiking cycle rocks the financial markets, might corporate credit offer a space that is both remunerative and relatively calm? Last week brought the third consecutive 75-basis-point rate hike from the U.S. Federal Reserve. The market had even priced in a meaningful risk of a full percentage point.

With the increasing likelihood of a recession on the horizon as inflation rises, investors might want to turn into diversifying their portfolios with options that traditionally are less susceptible to downturns or usually recover from bear markets and recessions.

CEO of CNP Seguros Holding Brasil since January 2021, Asma Baccar has also been named director of the Latin America business unit starting 1 October 2022. She will become the head of the CNP Assurances executive committee and will succeed Laurent Jumelle, who decided to focus on other professional endeavours outside of the group.