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M&G profits jump by 30% despite assets falling as institutional outflows grow

M&G’s profits soared in the first half of 2023, even as assets under management and administration fell due to heavy institutional outflows.
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M&G re-enters market with two buy-in deals totalling £617m

M&G has announced its re-entry to the bulk annuity market with the completion of two buy-in transactions totalling £617m. ....

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KKR Investing $750 Million in Battery-Storage Company Zenobe

By Colin Kellaher KKR is investing about $750 million to become a joint majority shareholder in U.K. battery-storage company Zenobe. New York investment firm. ....

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Brokerages Set M&G plc (LON:MNG) Target Price at GBX 219.17

Shares of M&G plc (LON:MNG – Get Free Report) have earned an average rating of “Hold” from the five research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The […] ....

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M&G (OTCMKTS:MGPUF) PT Lowered to GBX 190 at Barclays

M&G (OTCMKTS:MGPUF – Get Free Report) had its price objective dropped by stock analysts at Barclays from GBX 194 ($2.48) to GBX 190 ($2.42) in a research note issued on Tuesday, FlyOnTheWall reports. MGPUF has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft decreased their price objective on M&G from GBX 230 […] ....

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