M&G PLC is a British savings and investment management company, serving clients across the United Kingdom and internationally. M&G invests in and manages a wide range of assets including equities, fixed income investments and real estate. M&G Investments was established in 1931, and M&G PLC was formed with the merger of Prudential (itself founded in 1848) and M&G Investments in 2017. The firm is based in London, UK.
The firm is listed on the London Stock Exchange under the ticker MNG. In December 2020 the MNG price chart was showing a 52 week high of £252.56 and a 52 week low of £86.40, with a dividend yield of 0.094%. M&G PLC owns a number of subsidiary companies in the savings and investment sector, including The Prudential Assurance Company Limited and Prudential UK Real Estate Limited Partnership.
In 2020 the firm announced the acquisition of Ascentric, a UK Wealth Management platform serving financial advisers and their customers. The company had around £339bn assets under management and administration in December 2020, and was operating in 28 markets, served by 22 locations.
Interested in tracking the price movements of this global investment manager? You can add MNG stock to your eToro watchlist today.