You need ‘bucket loads of emotional resilience’ to succeed in running a fund. Stuart Rhodes, director of global equities at M&G, has run one of the firm’s flagship strategies, the €2.6bn Global Dividend fund since its launch in 2008. The strategy is top decile over three years to 10 February with a 12.13% return, according to Morningstar, but Rhodes said he has experienced plenty of bad days in his 17 years at the helm.