M&G boosted by £7.6bn mandate

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M&G's net inflows have reached record levels for the firm due to a single multi-billion mandate and a boost in fixed income performance, its full year results show.

The asset manager, wholly owned by Prudential, saw its institutional net inflows shoot up to £9bn from £490m. The £9bn result outstrips a previous record holding of £6bn in 2009, but was mainly ...

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