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M&G tilts focus to life channel as asset management demand stalls
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M&G tilts focus to life channel as asset management demand stalls
A sharp acceleration in bulk purchase annuities stopped M&G from sliding into net outflows in the third quarter, as asset management demand slowed. The investment manager generated net inflows of £1.8bn in the third quarter, remaining flat from the prior year, with the majority recorded by its Life channel. The segment, which handles personal insurance [...]
5 Nov, 08:43
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