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M&G PLC on Thursday said it has made a ‘strong start to 2026,’ as it reported net inflows in its asset management business. The London-based investment manager said group net outflows totalled £1.5 billion in the three months to March, improving from £2.3 billion outflows a year ago. ` Net inflows in the Asset Management business of £700 million compared to flat flows a year ago, driven by strong Wholesale performance, compensating for subdued activity from Institutional clients. In Asset Management, assets under management & administration reached £343.5 billion, including £183 billion from external clients, little changed from £345.2 billion at the end of 2025, and 10% higher year-on-year. Life AUMA fell 2.3% to £187.9 billion from £192.2 billion at the end of 2025, due to modest adverse market movements and expected net outflows from its legacy business. PruFund experienced small net outflows of £100 million in the period as the impact of market volatility in March offset a positive start of the year with net inflows in both January and February. ‘We have made a strong start to 2026,’ said Chief Executive Andrea Rossi, adding ‘we are confident in our ability to deliver continued growth this year.’ Shares in M&G were up 0.4% at 306.40 pence each in London on Thursday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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