Two thirds of M&G AUM fails to meet performance expectations

95.8% deemed to deliver value overall

Elliot Gulliver-Needham
clock • 1 min read

Only 34.8% of M&G Investments' assets under management has been found to deliver value according to its investment performance metrics, a 6% decrease on last year's figure.

Of the remaining assets, 60.8% needed improvement while 4.4% of the AUM was found to be unsatisfactory. Investment performance value is judged against all stated fund objectives, performance versus the benchmark and any relevant non-financial and sustainability objectives.  Despite this, M&G reported an improvement in its annual assessment of value report, with 95.8% of its funds by assets under management deemed to be delivering value overall, up from 92.1% in the previous year. By overall performance, fewer funds were rated ‘must improve' than last year, however two funds were rated...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Companies

B Corp certifications up as 58 UK investment firms join ranks

B Corp certifications up as 58 UK investment firms join ranks

More than 1,000 businesses attain B Corp certification including 58 investment firms

Kathleen Gallagher
clock 14 November 2022 • 2 min read
Kingswood acquires Hampshire IFA in sixth deal of the year

Kingswood acquires Hampshire IFA in sixth deal of the year

‘Reinforces our presence in Hampshire’

Ayesha Venkataraman
clock 01 August 2022 • 2 min read
Daniels’ career across investment and markets has spanned more than 35 years.

M&G CIO Jack Daniels to retire next year

Joined in 2001

James Baxter-Derrington
clock 28 July 2022 • 1 min read