NewsWelcome to our news section; listed below are our latest news articles, fixed income business reviews and other publications.
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Bernard Abrahamsen, Head of Sales of Distribution, gives trustees his very own insight into the state of the bond market and their value in current market conditions. (November 2008)
Read Bernard’s Q&A session with trustee publication, Engaged Investor, here. (387 KB)
Read our latest quarterly update of all our main business activities, including relevant performance, new investments and fixed income strategy news. (November 2008)
Fixed Income Business Review Q3 2008 (218 KB)
The M&G Fixed Income supplement produced specifically for Institutions, Trustees and Consultants is now available for you to view or download here.
M&G Fixed Income supplement (Issue 1 – October 2008) (3 MB)
From 7 April 2008 Prudential M&G, which incorporates our Institutional Fixed Income and Pooled Pension Funds businesses, will operate under the M&G brand. This move provides a consistent corporate identity across all of M&G’s business areas which form the successful and innovative investment management arm of the Prudential Group.
Over the past five years, M&G has built a substantial third party institutional business utilising the skills developed originally for our internally managed Prudential funds. Today, we are one of the largest fixed income players in Europe and our institutional business, which operates under the Prudential M&G brand, spans Pooled Pension funds, Segregated Fixed Income, Leveraged Loans, Property Finance, Collateralised Debt Obligations and Infrastructure Finance.
M&G is one of the leading investment brands in the UK and we see clear benefits in operating under a single brand. Clients can be assured that the same investment-led culture and dedication to client service remains the same for our institutional business.
Answers to some of the most frequently asked questions on this matter can be found here (766 KB).
As part of its secured property strategy, M&G invests primarily in UK commercial real estate with fixed or inflation-linked uplifts. This offers strong defensive characteristics and has received notice for bucking the general downward property trend over last few months.
The strategy has attracted increasing attention from investors looking for products providing stable and inflation hedged revenue streams, capable of matching long-term liabilities.
Through this strategy, M&G is continuing to build on its diversified portfolio of high quality UK commercial real estate assets, providing long-dated, sterling denominated corporate cash flows which increase over time.
By investing in real estate, we can access fixed and index-linked income, supported by underlying real estate values and the credit quality of the tenants. These can provide secure, rising, inflation-hedged returns which can be more attractive than other alternative fixed income investments. It can offer a defensive alternative to traditional property allocations without necessarily sacrificing the long-term upside potential of property investment.
M&G's combined real estate and fixed interest experience brings an unrivalled new approach to the investment management of high lease value property funds. In addition to utilising traditional real estate investment analysis, M&G utilises its extensive credit research capability and an innovative matrix approach to balance the credit quality of the tenant with the quality and value of the underlying real estate.
For further information please contact: Andrew Swan on 020 7548 2375 or Ben Jones on 020 7548 2384.
(February 2008)