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...“We’ve in effect created two FTSE 100 companies,” Leahy added, explaining that B&M was a constituent of the UK large cap index and MFG probably would be if it was listed....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...M&G’s share price rose by about 2 per cent in morning trading....
...Fund manager M&G will close its £565mn property fund after outflows by UK retail investors exiting the ailing real estate market.The London-listed asset manager said it would close the fund due to “declining...
...M&G reported net client flows of £700mn in the period, with gross inflows to the PruFund of £3.3bn, the highest since 2019....
...However, the maker of Oral-B toothpaste and Tide detergent trimmed the low end of its sales growth guidance due to the strong US dollar....
...Neal Brooks, M&G’s global head of product and distribution, said declining retail investor interest was “posing challenges to the future viability of funds like the M&G Property Portfolio, particularly for...
...M&G marries asset and wealth management to a mature insurance business. Rossi wants to grow the former two faster than the latter. Good idea....
...No mention of the B-word, then....
...“I’m on Floor 27!” people shout, or “I’m in the lift at the back!” Kat said. “The penny usually drops when I ask them their postcode.”...
...The company separately confirmed the claim was filed by M&G. M&G Real Estate declined to comment on Tuesday....
...“Puntería” is a link-up with Cardi B, a New Yorker with Latin American heritage. A good match on paper, it’s frittered away on plodding dance-pop....
...And I’m not talking about topless tennis, I’m just talking about your life.” Pause. “You were really digging deep there to get that one.”...
...B&M said it would provide more details about its plans in November when it publishes its interim results but added that it would not retain the Wilko brand....
...I’m never sure about Brighton. Every time I drive in, I’m wonder-struck at its increasingly festering tawdriness....
...P&G has increased prices across all of its main divisions in the three months to the end of June....
...It’s a seasonal tradition for M&G’s Bond Vigilantes blog to share its Halloween round-up of the scariest charts in finance....
...A buzzy but unobtrusive soundtrack of, say, R&B or soul complements dinner....
...“I’m trying to create a pathway for people like me, to be able to see what is possible and to be able to be in those rooms [where deals are done].”...
...Still, Zambia’s president called the lengthy process an “indictment” of the so-called common framework that G-20 countries had hoped would expedite sovereign-debt restructurings....
...Josep M Colomer Georgetown University, School of Foreign Service, Washington, DC, US...
...M&G Investments’ annual bond forum in London earlier this year featured an unusual presence on the stage: a large colourful statue of an elephant....
...Thankfully, B&Q sells a selection of both tenon saws and rulers....
...The winner is . . . . . . who is Oliver Withers, an analyst at G-Research. Oli becomes the first two-time winner of the quiz, having emerged on top of a similarly crowded field back in November....
...Estrellita B Brodsky is a collector, a curator, a philanthropist and a champion of Latin American art....
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