M&G
Will investors stick with ‘cash cow’ M&G?
Prudential’s decision to spin-off and float its UK asset management and savings arm was met with widespread approval from investors. But how many of them will continue to invest in the life insurer’s “neglected” business when it lists?
Prudential offloads £12bn annuity book as it carves out M&G
Prudential is selling £12bn ($16.7bn, €13.5bn) of its UK annuity portfolio in a landmark deal to Rothesay Life, as part of a major revamp that will see its UK and Europe business, M&G Prudential, become a separately-listed company.
M&G begins Brexit-linked shift of funds to Luxembourg
Fund manager M&G Investments has begun to transfer the assets of four UK-domiciled open-ended funds with assets of around €10.5bn (£9.3bn) to equivalent funds on its Luxembourg platform.
PEOPLE MOVES: NAB, M&G and Vam Funds
Structural changes at NAB means the company’s general manager of wealth advice is leaving the company, Vam Funds has appointed a new director well known in the US mutual funds industry and M&G has made two internal fund manager appointments.
Investment | 14 Nov 17
M&G goes green with ethical high-yield fund launch
M&G Investments has launched an ESG-screened global high-yield bond fund, the company’s first venture into the area of responsible investing.