Investor appetite for bonds buoys M&G

UK fixed income house, owned by insurer Prudential, continues to reap benefit of investor appetite for corporate debt and credit amid equity market volatility

M&G Investments, the asset manager owned by UK insurer Prudential, has enjoyed continued good net inflows in the first quarter of the year, as investors maintain their push into bonds in the low interest rate environment.

M&G received £1.9bn (€2.2bn) in net new client money over the first quarter of this year, according to an interim management statement.

WSJ Logo