M&G sees asset boost with Dai-ichi Life partnership
Published by Global Banking and Finance Review
Posted on November 5, 2025
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking and Finance Review
Posted on November 5, 2025
(Reuters) -British asset manager M&G reported strong net inflows for the third quarter on robust client demand in European public equities, and said it expects to grow in the coming months as it begins its partnership with Japan's Dai-ichi Life.
M&G on Wednesday reported a quarter-on-quarter increase in assets under management to 365 billion pounds ($489.87 billion) from 355 billion pounds.
The company has been turning around its business across its asset management and life insurance services and in May signed a deal with Dai-ichi Life, which saw the Japanese insurer take a 15% stake.
It posted net inflows of 1.8 billion pounds, after a record 2.6 billion pounds in the first half of the year.
($1 = 0.7451 pounds)
(Reporting by Ankita Bora in Bengaluru; Editing by Nivedita Bhattacharjee and Subhranshu Sahu)