M&G Plc history, profile and corporate video
M&G plc is a British savings and investment company headquartered in London, England, the United Kingdom. It was established in 1931 when Municipal & General Securities Company Limited launched the first unit trust in the UK. The fund – M&G First British Fixed Trust – allowed people to pool their money together in order to invest in a fixed portfolio of shares in blue-chip British companies.
In March 1999, M&G Investments was acquired by Prudential plc.
In August 2017, Prudential plc announced that its Prudential UK & European business and M&G Investments would be merging to form M&GPrudential.
In October 2019, M&G demerged from Prudential PLC and listed on the London Stock Exchange under a new name – M&G plc.
The company operates through the following business segments: Asset Management and Life & Pensions.
Asset Management
M&G Investments helps people to prosper by putting their savings and investments to work in the economy. M&G invests in and manages a wide range of assets including bonds, equities, real estate, infrastructure, and multi-asset.
Life & Pensions
Prudential manages long-term savings, investments and retirement solutions for our customers in the UK and Europe.
With more than 5 000 employees, M&G plc is considered one of the top 2000 largest public companies in the world, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and ”www.mandgplc.com”.
**Video published on YouTube by “Prudential plc“.