M&G's PruFund posted net outflows of £100m in Q1 but the firm expects it to return to positive net inflows over the remainder of 2026, helped by its anticipated launch on third-party adviser platforms.
In a trading update this morning (7 May), PruFund, M&G set out that its flagship smoothed investment offering Prufund's net outflows were affected by volatility in March that offset positive inflows seen earlier in the year. However, the company said flows had already stabilised in April and it expects PruFund to return to positive net inflows over the remainder of 2026. In April of last year, M&G announced a partnership with FNZ to bring the flagship range to more UK platforms. Savings and investment group M&G's trading update for Q1 2026 showed that net inflows from open business...
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