Building up a stronger equities presence

M&G

During much of the 1980s and 1990s, M&G was a leader in the world of equities. But since then its crown has slipped and it has been striving to win back investors' faith

Since the late 1990s, M&G has been something of a one-trick pony. If you have been looking for a safe pair of hands to handle an investment in bonds, then this company has been at, or close to, the top of the list. But when it comes to equities, investors have given M&G a wide berth. This is more than a little ironic because M&G was the pre-eminent house in equities during the 1980s and most of the subsequent decade. It set the agenda for much of the unit trust industry and had the performance numbers to back up its claim to superiority. The company was at the top of the table and in every...