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Bengaluru: Business-to-business e-commerce company Udaan has secured $114 million in a Series G equity fundraising round led by existing backers M&G Investments and Lightspeed Venture Partners ...
M&G shares hit their highest level since June 2021 following yesterday's announcement, but later gave up some of the gains. It still closed 5.5 per cent higher last night at 236.7p.
M&G said it formed a strategic partnership with insurance company Dai-ichi Life, aimed at delivering at least $6 billion of new business flows for M&G over the next five years.
The stock was last up nearly 6% at 1050 GMT. M&G CEO Andrea Rossi told Reuters the agreement would help the firm accelerate growth in Asia via Dai-ichi Life's distribution network.
M&G said it formed a strategic partnership with Japanese insurance company Dai-ichi Life aimed at delivering at least $6 billion of new business flows for M&G over the next five years.
Dai-ichi Life Holdings Inc. and M&G Plc have struck a distribution partnership that will see the Japanese firm take a roughly $1.1 billion stake in the UK money manager.
One aspect of this business that attracts me is its age. M&G’s history can be traced back to 1848, more than 170 years ago. I like to invest in companies with long and consistent histories.
M&G is launching a new India fund, the firm has announced this morning. It will be managed by Vikas Pershad with the goal of providing a higher total return net of fees than the MSCI India index ...
Maroon & Gold Dollars are a different type of rich. If you're on campus a lot, M&G offers a great way for grab and go meals, ensuring that busy people get their nutrition in. M&G spends on a ...
T. Pichandi, former Deputy Secretary to former Chief Minister M.G. Ramachandran, has written a book titled ‘Enakkul Manakkum MGR Ninaivugal’, which captures his work experiences and ...
M&G bought the Ascentric platform business from Royal London in 2020. It was rebranded to M&G Wealth in March 2021. Around £15bn sits on the platform, which is used by some 1,500 advisers.
Asset manager M&G is taking legal action against Royal London over its purchase of the mutual’s financial adviser platform Ascentric. In a lawsuit filed at the High Court, M&G claimed Royal ...