M&G flows turn positive as profits remain steady

In its 2025 results today (12 March), M&G reported net flows of £7.8bn in 2025, a turnaround from the £1.9bn of outflows in 2024.  Pre-tax profit edged up by just £1m from £837m in 2024 to £838m last year, while dividend per share also grew incrementally from 20.1p to 20.5p. The firm's assets under management rose as well, from £345.9bn to £375.9bn last year. Operating capital generation, however, fell year-on-year, from £933m in 2024 to £765m last year and total capital generation also dropped from over £1.1bn to £833m.  M&G highlighted how it managed to deliver "resilient perf...