Government agency, Homes England, has agreed to invest GBP10 million (US$13.91 million) into Shared Ownership Fund run by M&G Investments to support the fund's launch. In addition, it will help to accelerate the delivery of 2000 affordable homes through M&G’s partnership with The Hyde Group. 

So far, the M&G Shared Ownership Fund has attracted GBP215 million (US$299 million) of investment from two local authority pensions schemes, Hyde and two M&G client funds.