Richard Woolnough (born 1964) is a

fund manager Fund may refer to: * Funding is the act of providing resources, usually in form of money, or other values such as effort or time, for a project, a person, a business, or any other private or public institution ** The process of soliciting and gathe ...

with M&G in the United Kingdom who in 2014 was the highest paid person in

Prudential plc Prudential plc is a British multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people. Prudential has dual primary listings on the London Stock E ...

, M&G's former parent company, earning at least £15.3 million in pay and bonuses, compared to the £11.8 million earned by the chief executive

Tidjane Thiam Tidjane Thiam (; born 29 July 1962) is a French and Ivorian businessman, and the executive chairman of Freedom Acquisition Corp. He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020. He was the chi ...

that year."Man from the Pru in the money ...but not as much as fund chief who works for him", Miles Costello, ''

The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' ...

'', 1 April 2015, p. 47. Woolnough was paid £17.5 million in 2013."Prudential's mystery fund manager paid £17.5m revealed"
Rupert Neate, ''

The Guardian ''The Guardian'' is a British daily newspaper A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide ...

'', 3 April 2014. Retrieved 2 April 2014. Woolnough was born in

Chesterfield Chesterfield may refer to: Places Canada * Rural Municipality of Chesterfield No. 261, Saskatchewan * Chesterfield Inlet, Nunavut United Kingdom *Chesterfield, Derbyshire, a market town in England ** Chesterfield (UK Parliament constituenc ...

and educated at the

London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 mill ...

. Before starting at M&G, Woolnough worked for Lloyds Merchant Bank, the Italian insurer

Assicurazioni Generali Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or simply Generali Group is an Italian insurance company based in Trieste. As of 2019, it is the largest of its kind in Italy and among the top ten largest insurance companies i ...

Old Mutual Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded ...

and

SG Warburg S. G. Warburg & Co. was a London-based investment bank. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The firm was acquired by the Swiss Bank Corporation in 1995 and ultimately became a part of UBS. ...

."M&G Fund Manager Scoops £15m-Plus Pay Deal"
Mark Kleinman, Sky News, 31 March 2015. Retrieved 2 April 2015. Woolnough runs four funds at the investment manager M&G, which was demerged from

in 2019.

References

External links

Interview: Richard Woolnough, M&G Investments.
''FT Adviser''.
Richard Woolnough.
''Bond Vigilantes'', M&G Investments. {{DEFAULTSORT:Woolnough, Richard People from Chesterfield, Derbyshire British money managers Alumni of the London School of Economics Prudential plc people Living people 1964 births