M&G Share News (MNG)

Urban Logistics REIT notes "significant" new lettings in final quarter

(Alliance News) - Urban Logistics REIT PLC on Tuesday said it has completed some "significant" new lettings in the three months ended March 31, as it announced the appointment of its new chief investment officer.

Prudential achieves quarterly rise in new business sales and profit

(Alliance News) - Prudential PLC on Thursday reported an increase in its quarterly annual premium equivalent business sales as it expects continued momentum in Hong Kong in the second half of 2023.

CORRECT: AJ Bell hires former Hargreaves Lansdown director as chair

(Correcting spelling of Fiona Clutterbuck.)

AJ Bell hires former Hargreaves Lansdown director Clutterbuck as chair

(Alliance News) - AJ Bell PLC on Friday named Fiona Clutterbuck as its incoming non-executive chair, effective from May 1.

UK dividends calendar - next 7 days

IN BRIEF: M&G Risk & Compliance Officer sells 54,000 shares

M&G PLC - London, UK-based global investment manager - Group Chief Risk & Compliance Officer Peter Grewal sells 54,075 shares at GBP1.90 each, worth GBP102,743, in London on Thursday.

UK shareholder meetings calendar - next 7 days

LONDON MARKET CLOSE: Stocks up as confidence in banking sector builds

(Alliance News) - London's FTSE 100 extended its win streak to three days on Wednesday, with markets poised to wrap-up a fraught month for equities in bullish fashion, as banking sector fears fade.

UK dividends calendar - next 7 days

TOP NEWS: M&G swings to loss and assets fall in "challenging" 2022

(Alliance News) - M&G PLC on Thursday reported a fall in assets under management and a weaker profit outcome in a tough year mired by market uncertainty.

M&G's bottom line hit by market volatility but client inflows hold up

(Sharecast News) - M&G reported a big hit to its bottom line for 2022 as a result of market volatility, albeit alongside a second consecutive year of client inflows.

Sunday newspaper round-up: Arm, China, M&G

(Sharecast News) - News that Arm has chosen to float on the other side of the Atlantic is stunningly bad news for Britain. The rationale is straightforward, the business can fetch a higher valuation there. So too is the reason for that, even if some might argue otherwise. UK pension funds and insurance companies do not invest in British companies with their holdings currently standing at 1.8% and 2.5%, respectively. In fact, at 56.3%, its foreigners who own the lion's share. Back in 1997, insurance companies owned 23.6% and pension funds probably held a similar proportion back then. And where has the money gone instead, because of regulation and tax changes it had been funneled into gilts and other fixed-interest securities. But according to Credit Suisse, those flows appear set to turn around and head back into equities. - Financial Mail on Sunday

UK earnings, trading statements calendar - next 7 days

IN BRIEF: M&G Non-executive Director Massimo Tosato buys 61,100 shares

M&G PLC - London, UK-based global investment manager - Amends release from October 13 and states Massimo Tosato, independent non-executive director purchased 61,100 ordinary shares on October 12, not 60,700 as previously stated. Says the price paid averaged GBP1.64 per share, making for a total purchase amount of roughly GBP100,204.

LONDON MARKET CLOSE: Stocks fall after key US inflation gauge picks up

(Alliance News) - Stocks in London closed in the red on Friday after a closely-watch gauge of US inflation accelerated in January, keeping pressure on the US Federal Reserve to maintain a hawkish stance on interest rates.