M&G plc (LON: MNG)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 4.78B |
| Revenue (ttm) | 6.28B |
| Net Income (ttm) | 297.00M |
| Shares Out | 2.34B |
| EPS (ttm) | 0.12 |
| PE Ratio | 16.48 |
| Forward PE | 8.75 |
| Dividend | 0.20 (9.64%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 414,015 |
| Open | 204.80 |
| Previous Close | 204.40 |
| Day's Range | n/a |
| 52-Week Range | 182.85 - 241.10 |
| Beta | 1.47 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Sep 4, 2024 |
About M&G plc
M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate. It serves individuals, insurance companies, financial advisers, banks, wealth managers, insti... [Read more]
Financial Performance
Financial StatementsNews
Europe caught between 'a rock and a hard place' in U.S.-China relations, CIO says
Fabiana Fedeli, equities, multi-asset and sustainability CIO for at M&G Investments, discusses potential U.S. and EU tariffs on China and how a Trump presidency might affect investments.
Major investors pile in to UK rental homes despite regulatory fears
Aviva , Legal & General and M&G are ramping up investments in rental homes in Britain, betting on long-term returns in a market where housing demand far outstrips supply, even though the country's new...
Bond veteran Jim Leaviss to leave M&G
UK asset management group has hired Andrew Chorlton from Schroders as a replacement
«There has been a strong pattern of revenue growth and profitability from AI in many companies»
cash-Interview - The emergence of artificial intelligence opens up a wide field for investors. According to expert Jeffrey Lin from M&G, it extends beyond the technology sector. One challenge, however...
TI Clean Mobility to raise 310 crore
TI Clean Mobility, a subsidiary of Tube Investments of India, is raising Rs 310 crore from M&G Investments to fund electric vehicles across various verticals.
Superdry wins reprieve as M&G drops challenge to rescue plan
Superdry, the struggling London-listed fashion chain, has received a reprieve after the owner of its flagship store towed back from a challenge to its rescue plan.
Investors rush to grab piece of $1.8 trillion UK pensions pie
Hedge fund Davidson Kempner and asset manager M&G are racing to be among the first firms to inject capital to boost Britain's 1.4 trillion pound ($1.77 trillion) pension sector, industry sources say.
South Korean government's desire to reduce the 'Korea discount' is genuine: Fund manager
Vikas Pershad, fund manager at M&G Investments, discusses South Korea's corporate "value-up" program.
M&G: New Deals In Previously Run-Off Businesses
M&G is re-entering the bulk annuity business. Click here to read more about MGPFY stock and why it is a Hold.
Superdry landlord M&G eyes challenge to rescue plan
The owner of Superdry’s flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain’s landlords.
UK money manager M&G eyes China partnerships to meet investor demand for diversification from mainland assets, CEO Pinto says
‘There is an increasing demand for diversification from domestic Chinese customers,’ says Joseph Pinto, CEO of London-based money manager M&G Investments.
The semiconductor supply chain is the most sensitive to shocks, fund manager says
Vikas Pershad, fund manager at M&G investments, discusses the state of global supply chains in the wake of the Taiwan earthquake, Baltimore bridge collapse and Red Sea disruptions.
M&G’s Andrea Rossi targets private asset growth
FTSE 100 company chief focuses on under-developed private credit markets in Europe
China is 'very much investable' across sectors, fund manager says
Vikas Pershad, fund manager at M&G Investments, explains why he sees investment opportunities across multiple sectors in China despite negative sentiment, and says "China's not just a relative outperf...
Analysis: High Yields Drive Demand For Investment-Grade Bonds, Rate Cuts Likely to Boost Market
High yields have been driving demand for investment-grade bonds and the trend should continue once central banks start cutting rates, according to Ben Lord, fund manager at M&G.
S&P Global, European Loan Volume Survey: Q4 2023
Highlights Total Volumes for Q4 2023 (15,464m) were up by 2.7% from the 15,057m for Q3 2023. The quarter was down by 5.06% on the 16,357m in Q4 2022. Leveraged loan trades in Western Europe constitute...
We see opportunities across Asia, particularly in China, India and Japan: Asset management firm
Vikas Pershad of M&G investments explains why it's seeing opportunities in those markets on a "bottom-up basis."
Udaan raises $340m through debt, equity
Bengaluru: B2B e-commerce platform Udaan has raised $340 million led by M&G along with participation from existing investors Lightspeed Venture Partne.
UK asset manager M&G invests $20M in Bitcoin derivatives exchange
M&G invests $20 million in Global Futures & Options Holding to open up cryptocurrency derivatives trading to traditional financial institutions.
Pensions giant invests US $20m into a UK crypto derivatives trading platform
A report on the asset management arm of pensions giant M&G Plc said it had invested US$20 million into a UK crypto derivatives trading platform M&G Investments stake is part of a $30 million series B ...
M&G: Benefits From Higher Rates
M&G benefits in several ways from higher rates due to its previously run-off insurance businesses. Explore more details here.
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Forced sales ahead for indebted global real estate markets -M&G
M&G Real Estate forecasts it is "a matter of time" before global property markets face greater volumes of forced selling, with banks increasingly reluctant to refinance troubled or lower quality asset...
M&G Investments discusses Japan's stock market and AI
Carl Vine, co-head of Asia-Pacific equities at M&G Investments, says "the creation of large language models and generative AI is giving Japan an opportunity to catch up" and companies in the country a...
Six Scary Charts – Happy Halloween From Bond Vigilantes!
Six Scary Charts – Happy Halloween From Bond Vigilantes! Authored by Andrew Eve via BondVigilantes.com, It’s Halloween again and time for the Bond Vigilantes’ yearly round up of the spookiest charts i...
British chip champion Pragmatic lines up £200m funding injection
A fast-growing British semiconductor manufacturer is lining up a £200m funding injection from blue-chip backers including the asset management giant M&G.