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...The round is led by fund manager M&G Investments and UK Infrastructure Bank, the state-owned development bank....
...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....
...“I’m confident there is no American more qualified to play this role than Nicole Shanahan,” said RFK Jr at the Tuesday event. At 70, RFK Jr is somewhat old to be running for office for the first time....
...Not everyone in the crowd at Donald Trump Jr’s Monday night rally had been won over by his characterisation of Nikki Haley....
...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...
...“If I’m honest, I’m sick to the back teeth of it. But every now and then I’ll eat one and go, ‘Yeah, that is good.’”...
...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.”...
...M&G reported net client flows of £700mn in the period, with gross inflows to the PruFund of £3.3bn, the highest since 2019....
...It’s the first time I’m using very large images to talk about something very, very personal.”...
...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....
...The company separately confirmed the claim was filed by M&G. M&G Real Estate declined to comment on Tuesday....
...In its full-year results, M&G reported a 28 per cent rise in pre-tax adjusted operating profit in 2023, to £797mn, beating analysts’ expectations....
...The annual boondoggle in the Crescent City is the perennial opportunity to take the pulse of M&A activity....
...It’s a seasonal tradition for M&G’s Bond Vigilantes blog to share its Halloween round-up of the scariest charts in finance....
...“I’m speechless, which is not what I usually am,” said Chishuru’s chef-owner Adejoké Bakare, who has become a de facto representative for west African cuisine in the UK, after picking up her trophy....
...As a writer, I’m always working on something and I don’t often think about national holidays....
...This April, The Sympathizer becomes an HBO mini-series starring Robert Downey Jr....
...He defended himself against Engoron’s allegation of prejudice: “I’m not a misogynist. I’m very happily married and I have a 17-year-old daughter.”...
...G FY, Next FY, Nike Q3 Friday Competition and Markets Authority deadline for decision for its Phase 1 investigation into the anticipated joint venture between Vodafone and CK Hutchison of their UK mobile...
...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....
...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....
...Here’s what else I’m keeping tabs on today: Results: Two large drugmakers, Pfizer and Merck, report second-quarter earnings....
...M&G also featured in the top 10 providers for both net and gross sales in 2023, having enjoyed a 90 per cent rise in the latter year on year....
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