M&G Investments

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M&G Investments
Industry Financial services
Key people Michael McLintock, (CEO)[citation needed]
Products Financial services
Revenue £455 million (2008)[citation needed]
Operating income £228 million (2008)[citation needed]
Employees approx 1000 (2008)[citation needed]
Website http://www.mandg.co.uk


Contents

[edit] M&G Investments

M&G is a leading investment manager in the UK and overseas[citation needed]. It is an autonomous business within the Prudential Group[citation needed], running its own retail and institutional funds operation[citation needed] and functioning as the asset manager for Prudential in Europe[citation needed]. Currently M&G is the official sponsor of the RHS Chelsea Flower Show[citation needed].


M&G invests in and manages a wide range of assets including Equities, Fixed Income and Property[citation needed]. M&G also manages more esoteric assets within the private finance arena such as Structured Products (including CDOs), Leveraged Finance, Project and Infrastructure Finance[citation needed].


[edit] Key events, funds & UK awards

Municipal & General Securities Company Limited launched the unit trust industry in the UK in 1931[citation needed]. Since then M&G has had a history of firsts, including the launch of:

• the first UK regular savings plan in 1954[citation needed]

• the first unit trust for charities in 1961[citation needed]

• the first equity income fund in 1964[citation needed]

• the first recovery fund in 1969[citation needed]

• the first Japanese equity fund in 1971[citation needed]

• the first commodity fund available to retail investors in 1976[citation needed]

• the first ‘pure' corporate bond fund in 1994[citation needed]

• the first high yield corporate bond fund in 1998[citation needed]

• the first Leveraged Loans Fund in Europe in 2005[citation needed]


M&G’s largest funds:

• M&G Recovery Fund[citation needed]

• M&G Global Basics Fund[citation needed]

• M&G Corporate Bond Fund[citation needed]

• M&G Strategic Corporate Bond Fund[citation needed]

• M&G Optimal Income Fund[citation needed]

• M&G American Fund[citation needed]

• M&G Property Portfolio[citation needed]


M&G’s recent UK awards include:

2010

• Investment Week – Best Global Group[citation needed]

• Morningstar – M&G Investments - Best Multi-Asset House[citation needed]

• Morningstar – M&G Investments - Best Specialist Fixed Interest House[citation needed]

• Global Pensions – M&G Investments - Fixed Income Manager Of The Year[citation needed]

• The Personal Finance Awards - Best Investment Product Provider – Highly commended[citation needed]

• Professional Adviser – M&G Investments - Best UK Equity Growth Group[citation needed]

• Professional Adviser – M&G Investments – Best Fixed Income Group[citation needed]

• Money Observer Awards – M&G Investments – Best Bond Fund Management Group[citation needed]

[edit] International presence

M&G manages assets on behalf of a wide range of investors across UK, Europe, Asia, the Americas and South Africa[citation needed]. The past few years has seen an expansion of M&G’s distribution network throughout Europe:[citation needed]

• 2001 – Opened its first office in mainland Europe to service clients based in Germany, Austria and Luxembourg[citation needed]

• 2004 – Opened an office in Milan, Italy[citation needed]

• 2005 – Opened offices in Vienna, Frankfurt and Madrid, and began distribution into Switzerland[citation needed]

• 2007 – Opened an office in Paris, France[citation needed]

[edit] Management structure

Michael McLintock is the Chief Executive of M&G a position he held at the time of M&G's acquisition by Prudential in March 1999[citation needed]. He is also an executive director of Prudential[citation needed].

Simon Pilcher is a Director of M&G Limited and has been the Chief Executive of the Fixed Income division since 1999[citation needed].

William Nott is Chief Executive of M&G Securities, the combined Retail Business covering the UK, Europe and Asia since March 2006[citation needed].

Grant Speirs was appointed Group Finance Director of M&G in November 2008[citation needed].

Martin Lewis has been the Chief Operating Officer for M&G Group since 1999[citation needed].

Anthony Ashplant has been the Legal and Compliance Director of M&G since 1997[citation needed].

Gareth Jones was appointed HR Director for M&G Group in June 2007[citation needed].

Les Scrine has been the M&G Group Risk Director since March 2003[citation needed].

Martin Moore has been head of PruPIM, the real estate investment arm of M&G since 1996[citation needed]

[edit] External links

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