Stable Income & Healthy Prospects27 Jun 2022 14:39
What you have to understand about M&G is after its demerger from Prudential it was left with all the good stuff. M&G invests in and manages a wide range of assets including Equities, Fixed Income and Real Estate. It also manages more esoteric assets within the private finance arena such as Structured Products (including CDOs), Leveraged Finance, Project and Infrastructure Finance. For doing this it charges a fee, hence no capital is at risk. It has been cutting costs to become more efficient & also investing into fincap such as money farm etc. Its a great investment at these prices, trillions of new money has been printed & M&G is well placed to manage this new money & charge a fee. At current prices great buy should be a £3.50 share when the market comes to realise. Good Luck All