Following the acquisition of M&G by Prudential in 1999, the two asset management businesses of M&G and PPM (Prudential Portfolio Managers) were merged into a single unit in 2000, with M&G becoming the investment arm of Prudential plc across Europe. We now operate under the M&G brand.
The Prudential Group has been managing pension fund assets since the 1930s. It secured its first institutional mandate in the late 1970s and continued to grow the business, currently managing a range of multi-asset and specialist equity, fixed income and property funds. In 1997, we established our Private Finance Group within our Fixed Income team to focus on non-mainstream, high return debt investments.
Today our focus lies in fixed income, private debt, collateralised debt obligations (CDOs) and our complete range of pooled funds which are used to construct both defined benefit (DB) and defined contribution (DC) pension schemes.