Company
Headquarters: London, United Kingdom
Founded: 1931
Employees: 5,000
CEO: Mr. John William Foley
£4.84 Billion
GBP as of July 1, 2024
US$6.12 Billion
M&G is an investment management company. Providing a number of savings and investment solutions, M&G is engaged through various funds in investing in and managing equities, fixed income assets, and properties, as well as a range of financial products including structured products, leveraged finance, project, and infrastructure finance. Tracing its origins to 1848, M&G is currently majority-owned by Prudential (see below).
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M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through two segments, Savings & Asset Management and Heritage. It offers retirement, savings, and investment management solutions to its retail and institutional customers. The company also provides individual and corporate pensions, annuities, life, savings, and investment products. It serves individual savers and investors, financial advisers and paraplanners, and institutional investors. The company was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. M&G plc was founded in 2017 and is headquartered in London, the United Kingdom.
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M&G plc has the following listings and related stock indices.
Stock: LSE: MNG wb_incandescent
Stock: FSX: 7MP wb_incandescent
Stock: OTC: MGPUF wb_incandescent
John Foley (CEO)
Revenue: £4,784 million (2021)
Operating income: £707 million (2021)
Net income: £92 million (2021)