M&G Posts Q1 Net Inflows as Asset Management Stabilizes
M&G PLC reported net asset management inflows of £0.7bn in the first quarter, reversing a £0.1bn outflow in the same period last year. Assets under management and administration stood at £344bn, up 10% year-over-year and flat versus the prior quarter. Inflows were led by external clients and the Wholesale division, while Institutional flows remaine…