M&g

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

‘We have a track record and all the right elements to attract talent,’ says Andrea Rossi

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 launched a major cost-cutting programme last year

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's fund management CEO Joseph Pinto said regulators needed to take a joined-up approach to blockchain technology

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

3 min read

Andrea Rossi, M&G's group CEO, took on the top job in September 2022

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

Andrea Rossi, M&G's group CEO, who took over the top job in September

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

'We will continue to monitor liquidity and the evolving market situation,' said a spokesperson for Legal & General Investment Management

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

John Foley has overseen several recent acquisitions for M&G, including its purchase of TCF Fund Managers in February to integrate into its wealth business

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

Joe Linhares at Russell Investments, said demand for segregated mandates from clients had led many to move from traditional fund structures

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

Withdrawals from UK property funds accelerated during the first three months of 2021

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

'An accelerated phase-out of coal is essential if we want to limit global warming and ensure a sustainable future for our planet” says Foley, chief executive of M&G

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