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...M&G’s share price rose by about 2 per cent in morning trading....
...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....
...I’m intrigued by “suits” in whatever industry — hearing that a CEO watches Emmerdale makes them so much more relatable — and I’m fascinated by how those industries work. It comes down to people....
...When I can peek around the edges of that delusion, I’m sustained by late-night candy and the surprising nature of grace: it never comes when I’m pursuing it. I’m always ambushed....
...But, mentor . . . do you know what, I’m 43, and I’m just now ready to get some mentors and teachers. I’m ready to start listening to people. How fit are you?...
...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.”...
...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...
...Patrick M Dransfield Abu Dhabi, United Arab Emirates...
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...I’m not a gambling man. I sometimes play the EuroMillions, but that’s as far as it goes....
...It all led to here, and I’m very, very content with here and now....
...I’m very competitive. I’m hyperfocused. I would like to be respected by my peers. Do you believe in an afterlife?I think I do. I’d like there to be something....
...M&G reported net client flows of £700mn in the period, with gross inflows to the PruFund of £3.3bn, the highest since 2019....
...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...
...The overall value of global M&A climbed 30 per cent to $690bn, the data showed, even as the total number of deals announced fell 31 per cent.The rebound in dealmaking comes after M&A activity plunged to...
...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....
...I’m pretty happy with the path I’ve chosen....
...People assume I’m a thrill seeker. But I would say caution. Those two terms are not antonyms. Informed and deliberate risk has helped me make decisions....
...Nunzio M TrittoSanteramo in Colle, Apulia, Italy...
...As a photographer, Harry Benson, a Glaswegian — I’m showing my slight bias here, as a Scotsman....
...“No, I’m actually a very bad student,” he says, adding an expression meaning “just kidding” that he says so often it approaches a verbal tic....
...Dennis M Kelleher Co-founder, President and Chief Executive, Better Markets, Washington, DC, US...
...Evercore was initially set up like Blackstone, to advise on M&A and execute private equity buyouts. The LBO investing business was an expensive bust. But the M&A group proved more promising....
...But that’s the fantasy I always come back to when I’m stressed out....
...H&M will close more stores than it opens this year, he added....
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