M&G (MNG)

Up
Share Price:
355.90p
Market Cap:
£8,577m
Change Today:
2.50p
Sector:
Financials

M&G net inflows strengthen despite AUMA decline

By Iain Gilbert

Date: Thursday 07 May 2026

LONDON (ShareCast) - (Sharecast News) - Savings and investments business M&G reported a "resilient" start to the year on Thursday, with group assets under management and administration edging down to £371bn at 31 March from £376bn at year‑end, as modest market weakness offset improving business flows.
However, despite the AUMA decline, M&G said net flows from open business came in at £600m for the quarter, a sharp improvement on the £100m outflow recorded a year earlier, supported by stronger wholesale activity and steady contributions from the group's life operations.

In asset management AUMA stood at £344bn, broadly unchanged since the start of the year and 10% higher than in the first quarter of 2025, with the division delivering net inflows of £700m, compared with flat flows a year earlier, driven by £800m of wholesale inflows that more than offset subdued institutional activity. M&G said momentum was evident across both public and private markets, with £400m and £300m of net inflows, respectively, supported by continued client demand for European equities, structured credit and impact strategies.

Life AUMA slipped 2% to £188bn, reflecting "modest adverse market movements" and expected outflows from legacy books. PruFund saw small net outflows of £100m in the period after market volatility in March offset a positive start to the year, though M&G said flows had stabilised in April and were expected to return to positive territory over the remainder of FY26, helped by the planned launch of PruFund on third‑party adviser platforms.

The FTSE 100-listed group also highlighted progress in bulk annuities, having launched its with‑profits BPA solution and completed an initial £300m transaction, with volumes expected to grow year‑on‑year and skew towards the second half.

Chief executive Andrea Rossi said: "We have made a strong start to 2026, with net inflows in Asset Management, driven by demand from Daiichi Life Group and other external clients, and the completion of our first With-Profits Bulk Purchase Annuity deal in Life.

"Thanks to a strong new business pipeline, the introduction of our innovative With-Profits BPA, and the upcoming launch of PruFund on third-party adviser platforms, we are confident in our ability to deliver continued growth this year."

As of 0900 BST, M&G shares were up 0.23% at 306p.





Reporting by Iain Gilbert at Sharecast.com

See latest RNS at Investegate

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

M&G Market Data

Currency UK Pounds
Price 355.90p
Change Today 2.50p
52 Week High 364.40p
52 Week Low 248.60p
Volume 2,992,942
Shares Issued 2,410.03m
Market Cap £8,577m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector