M&G plc

M&G’s investment business dates to 1931, when it launched the first mutual fund for UK retail investors. Prudential acquired M&G in 1999; the combined M&G plc was demerged from Prudential and listed on the London Stock Exchange on 21 October 2019.

Today, M&G plc combines asset management with life, retirement and savings businesses. Its investment arm manages money across public and private markets for the Group’s life business, institutional investors, wholesale clients and retail customers.

M&G is particularly strong in fixed income and private markets. Its 2024 reporting showed £137.8 billion in public fixed-income assets and £74.1 billion in private-markets assets, with capabilities spanning real estate, private credit, infrastructure and impact investing.