Fund manager and wealth manager M&G has reported adjusted operating profit up 15% to £435m in the first half of the year but says IFRS results showed a loss of after tax of £165 million (H1 2025: £248 million profit).
More than four in five (81%) advised investors say their adviser makes them less likely to make knee jerk reactions during volatile markets, according to new research.
An intensive marketing campaign helped drive rapid growth in new assets under influence in Q1 at Plymouth-based national IFA Continuum.
Fund and wealth manager M&G has reported £1.8bn of net inflows in the third quarter, a considerable improvement from the net outflows reported for 2024.
National IFA Continuum, owned by M&G, saw a 17% increase in assets under influence year-on-year to more than £2.75bn in the last quarter.
Fund and wealth manager M&G has reported £2.1bn in net inflows from new business in the first half - a significant bounce back from the £1.1bn of net outflows seen in the first half last year.
National IFA Continuum, owned by M&G, saw a 17% increase in assets under influence year-on-year to £2.6bn in the first half of the year, it has revealed in its financial results.
Less than a third of couples, 29%, have completely joint finances and one in five, 20%, keep their money completely separately.
Fund and wealth manager M&G has struck a long-term partnership deal with Dai-ichi Life, one of Japan’s biggest investment and insurance companies.
M&G plc plunged into an IFRS loss after tax of £347m last year after making a profit of £309m the previous year, it reported in 2024 full year results today.
Investment and wealth manager M&G is to exit the digital platform market and will merge its life and wealth divisions in a major shake up for the company.
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