Anne Richards Quits M&G to Head $414 Billion Money Manager

Anne RichardsPhotographer: Jason Alden/Bloomberg
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Anne Richards is leaving Prudential Plc’s U.K. investment arm after two years as chief executive officer to take over at Fidelity International.

The money manager, an industry veteran who was previously at Aberdeen Asset Management, will take up her role at Fidelity International, which oversees 316 billion pounds ($414 billion), in December. Richards will step down from the board of insurer Prudential, which is being reorganized, next month.