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M&G PLC

MNG.L

Latest Trade

190.55GBp

Change

1.10(+0.58%)

Volume

4,916,430

Today's Range

186.50

 - 

191.30

52 Week Range

86.40

 - 

241.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
189.45
Open
187.90
Volume
4,916,430
3M AVG Volume
141.10
Today's High
191.30
Today's Low
186.50
52 Week High
241.40
52 Week Low
86.40
Shares Out (MIL)
2,599.32
Market Cap (MIL)
4,925.52
Forward P/E
6.71
Dividend (Yield %)
9.46

Next Event

Full Year 2020 M&G PLC Earnings Release

Latest Developments

More

M&G PLC's Long Position In COSCO Shipping Energy Transportation Falls To 6.70% - Filing

M&G Plc Bought 3.78 Mln H-Shares In COSCO Shipping Energy Transportation On Jan 8 - HKEX Filing

M&G Says Chairman Taking Temporary Leave Of Absence Due To Illness

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About M&G PLC

M&G PLC is a United Kingdom-based savings and investment company. The Company manages investments for both individuals and for institutional investors, such as pension funds. The Company’s asset management and customer solutions are supported by its two brands: Prudential and M&G Investments. In the United Kingdom and continental Europe, the Company provides a range of long-term savings and investment solutions, including PruFund. In the Americas, Africa, Asia and Australia, the Company also provides asset management solutions. The Company operates across two operating segments: Savings & Asset Management, and Heritage. The Savings & Asset Management Segment comprises its retail savings (including PruFund) and asset management business, as well as its institutional asset management business. The Heritage Segment comprises its annuities and corporate pensions businesses.

Industry

Investment Services

Contact Info

10 Fenchurch Avenue

EC3M 5AG

United Kingdom

+44.20.76264588

https://global.mandg.com/

Executive Leadership

Fiona J. Clutterbuck

Interim Chairman of the Board

John William Foley

Chief Executive Officer, Executive Director

Clare Bousfield

Chief Financial Officer, Executive Director

Roddy Thomson

Chief Operating Officer

Irene McDermott Brown

Chief Human Resource Officer

Key Stats

2.62 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2019

1.0K

2020(E)

1.5K
EPS (GBp)

2019

42.980

2020(E)

28.232
Price To Earnings (TTM)
--
Price To Sales (TTM)
--
Price To Book (MRQ)
0.89
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
150.10
LT Debt To Equity (MRQ)
150.10
Return on Investment (TTM)
--
Return on Equity (TTM)
-8.26

Latest News

Latest News

Breakingviews - Prudential’s shortcut adds pace to Asia pivot

Shortcuts are supposed to eliminate unwanted delay and hassle. That’s what Prudential Chief Executive Mike Wells was thinking when he scrapped an initial public offering of the UK insurer’s American unit in favour of demerging the business. Investors didn’t like the change...

Prudential to split off U.S. business Jackson, eyes $2.5-3 billion capital raise

British life insurer Prudential said on Thursday it would separate its U.S. business Jackson through a demerger to better focus on Asian and African markets, while adding it was considering raising $2.5-3 billion in new equity.

Asset manager group aims for carbon neutral investments by 2050

A group of 30 asset managers with more than $9 trillion under management launched the Net Zero Asset Managers Initiative on Friday to help clients ensure their portfolios are carbon neutral by 2050.

UK appeal court allows new hearing on Prudential $16 bln annuity transfer

A UK court of appeal on Wednesday overturned a judgment blocking the transfer of 12 billion pounds ($15.97 billion) in annuities from insurance giant Prudential to specialist provider Rothesay Life, paving the way for a second transfer hearing.

UPDATE 1-Britain eyes 'quick win' post-Brexit insurance reform, says BoE official

Britain is considering a "quick win" reform of capital rules for insurers after the Brexit transition period ends, a senior Bank of England official said on Wednesday.

Investors tell European firms to reveal 'missing' climate costs in their accounts

Investors are pushing major European companies to make sure the "missing" costs of climate change are properly reflected in their financial statements, a move that could wipe billions of dollars off the value of sectors from energy to aviation.

Bank of England urges hard line on property funds

The Bank of England (BoE) on Thursday backed plans to make investors wait up to six months before getting money back from property funds, saying there could be benefits from an even longer delay.

Insurers expect few clashes between EU and UK over capital rules

Separate reviews in the European Union and Britain of capital requirements for insurers are likely to produce a similar set of rules for cross-border firms, insurers said on Tuesday.

Columbia Threadneedle, St James's Place reopen UK property funds

Fund managers Columbia Threadneedle and St James's Place <SJP.L> said on Wednesday they would reopen their suspended UK property funds after British surveyors said they no longer saw any "material uncertainty" in real estate valuations, which was a major barrier to reopening...

UK surveyors lift valuation warning that caused property fund suspensions

British surveyors said on Wednesday there was no longer "material uncertainty" over real estate valuations, paving the way for the reopening of many frozen funds in the 70 billion pound ($91 billion) UK property fund sector.

British pension savers lose $41 mln to scams since 2017-regulators

British savers have lost 31 million pounds ($40.71 million) to pension scams since 2017 according to official data but the actual figures are likely to be much higher, British watchdogs said on Tuesday.

M&G plans savings push into Europe as first-half profit tops forecast

M&G <MNG.L> is planning to launch its flagship Prufund retail savings product in mainland Europe by year-end, it said on Wednesday, as the British insurer and asset manager reported above forecast first-half profit.

Property fund investors should wait months for cash to avoid exodus: UK regulator

Investors in property funds should wait up to six months before they can get their money back to avoid a stampede for the exit leading to widespread suspensions in rocky markets, Britain's Financial Conduct Authority proposed on Monday.

UK proposes redemption breathing space for property funds

Investors in property funds should wait up to 180 days before they can get their money back, Britain's Financial Conduct Authority proposed on Monday.

UPDATE 2-London stocks sink amid Sino-U.S. tensions, mark weekly losses

British shares fell on Friday as souring U.S.-China relations weighed and marked weekly losses as concerns over the coronavirus and uncertainty over a vaccine spurred a selling-out of equities.

UK Stocks-Factors to watch on June 17

Britain's FTSE 100 index is seen opening 15 points higher at 6,258 on Wednesday, according to financial bookmakers. * WILLIAM HILL: British bookmaker William Hill on Tuesday launched an issue of shares worth up to 20% of its share capital. * ASSET MANAGERS: Six asset managers...

Asset managers keep $7.5 billion in UK property funds frozen on valuation uncertainty

Six asset managers including M&G <MNG.L> and Legal & General <LGEN.L> said they were keeping property funds totalling more than $7.5 billion in assets frozen as valuers continue to struggle to assess real estate due to the coronavirus crisis.

M&G keeps UK $3.2 bln property fund frozen after six-month suspension

Insurer and asset manager M&G is keeping its $3.2 billion UK Property Portfolio suspended following a six-month freeze, as it could not assess the value of its real estate assets accurately due to the coronavirus crisis, it said on Tuesday.

BRIEF-Royal London sells Ascentric platform business to M&G

Royal London Mutual Insurance Society Ltd :

UPDATE 2-Lloyd's, Hiscox among donors to 100 mln stg COVID-19 insurance fund -trade body

* Hiscox says paying claims quickly and fairly (Adds Hiscox comment, bullet points)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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