M&G
M&G boss eyes more private markets deals after tie-up with Japan’s Dai-ichi Life
Andrea Rossi says access to another balance sheet will enable London-listed group and its new partner to provide more seed capital to potential targets
M&G blames ‘challenging market conditions’ for £1.9bn outflows in 2024
Despite outflows from the FTSE 100 group, assets under management rose to £345.9bn
3 min read
An Audience With M&G’s Fabiana Fedeli: ‘Volatility and geopolitics don’t necessarily hurt companies’
M&G’s CIO for equities, multi-asset and sustainability on active management in uncertain times and what the UK can do to breathe life into its stock market
5 min read
M&G could join active ETF boom
The UK-listed group is weighing up entry into a fledging part of Europe’s fast-growing ETF sector
2 min read
M&G sues Royal London over Ascentric acquisition
Fund group claims in a High Court lawsuit that mutual insurer failed to properly disclose ‘inappropriately risky investments’ on the digital adviser platform
2 min read
M&G in ‘active talks’ over bolt-on private market deals
Chief executive Andrea Rossi is keen to acquire stakes in smaller alternatives firms across Europe
3 min read
M&G hires Hargreaves Lansdown chief risk officer
Shawn Gamble will join the UK-listed investments group in 2025
2 min read
M&G’s Andrea Rossi: ‘I don’t look at the share price every day. There’s no point’
The fund house’s chief executive says he’s ‘on a mission’ to grow the three main pillars of his business, with a particular focus on private assets
5 min read
M&G chief says exec pay isn’t driving UK firms to the US
Andrea Rossi says business-friendly regulation is more important to get companies listing in London
4 min read
M&G chief: Hiring private markets talent is not easy, but we can compete
Andrea Rossi said hiring the right people would held M&G grow its £73bn private markets business in continental Europe
3 min read
M&G profit jumps 28% after inflows and cost cuts in 2023
M&G's adjusted operating profit before tax rose to £797m at the end of 2023, up from £625m for the previous year
2 min read
M&G funds boss calls for global approach to tokenisation
Joseph Pinto said significant investment in technology and a consistent regulatory framework are needed to make tokenisation a success
M&G boss eyes team lift-outs to bolster private market strategy
Andrea Rossi says teaming up with struggling European firms could provide growth opportunities for the £332bn firm
M&G unveils voluntary redundancy scheme amid £200m cost-cutting drive
The London-listed group is aiming for more than 50% of earnings to originate from the asset management and wealth business
L&G, Abrdn reassure over property funds after Columbia Threadneedle suspension
More than £100m was pulled from a sample of property funds tracked by Calastone in the 10 days following the tax cuts announced by UK chancellor Kwasi Kwarteng
M&G begins search for new CEO as John Foley announces retirement
Foley, who was appointed CEO in 2015 after 15 years with Prudential, was responsible for overseeing the merger of M&G Investments and Prudential UK in 2017
1 min read
Europe investors yank €14bn from Russell, Aviva and M&G funds
Russell's Global Credit Fund was the biggest casualty, bleeding €1.8bn during the first six months of the year
4 min read
Covid-ravaged UK property funds hit with record outflows
A record £589m was pulled from UK property funds in March, marking it the worst-ever month for the sector
2 min read
M&G chair Mike Evans steps down amid stress-related illness
Evans took a temporary leave of absence from his role at the beginning of the year
1 min read
M&G pledges to end thermal coal investments
Pledge is part of overall aim to achieve net zero carbon emissions across investment portfolios by 2050
2 min read