M&G Investments
Subsidiary | |
Industry | Financial services |
Key people | Michael McLintock, (CEO) |
Products | Financial services |
Revenue | £455 million (2008) |
£228 million (2008) | |
Number of employees | approx 1000 (2008) |
Parent | Prudential plc |
Website | www.mandg.co.uk |
M&G is an investment manager in the UK and overseas. It is an autonomous business within the Prudential Group, running its own retail and institutional funds operation and functioning as the asset manager for Prudential in Europe. Currently M&G is the official sponsor of the RHS Chelsea Flower Show [1] M&G invests in and manages a wide range of assets including Equities, Fixed Income and Property. M&G also manages more esoteric assets within the private finance arena such as Structured Products (including CDOs), Leveraged Finance, Project and Infrastructure Finance.
History
Municipal & General Securities Company Limited launched the first ever UK unit trust in 1931, the First British Fixed Trust.[2][3][4] The fund was wound up in 1951.
In April 2012, they ran six of the top ten largest UK funds.[5]
International presence
M&G manages assets on behalf of a wide range of investors across UK, Europe, Asia, the Americas and South Africa.