M&G’s annual results have painted a generally positive picture of growing net inflows across UK and international institutional and wholesale segments, as it continues to build international partnerships and claims pre-eminence for its investment performance among listed European asset managers, according to the UBS European Asset Management Fund Performance Tracker.
It reported that 90% of public equity AUMA ranked in the top two quartiles over five years, and 75% over three years.
External net inflows to the asset management arm of the group were £7bn, split as £3.9bn into private markets and £3.1bn into public markets.
The total asset base increased to £345bn from £315bn in the previous financial year.
External client AUMA rose to £182bn from £159bn, with international AUMA of £107bn up from £89bn. As a share of AUMA, international has hit a CAGR of over 11% since 2019, the group reports.
Collaboration and partnerships with groups located in other regions is being led by the stake taken in M&G by Dai-ichi Life. Its 9.6% stake is expected to grow to 15%.
