M&G to allocate £5bn to fund privately owned sustainable businesses
Through Prudential With Profits fund
M&G CEO John Foley
M&G will allocate up to £5bn of its With-Profits fund to a mandate set up to invest in privately owned enterprises working to create a more sustainable world.
The investment management firm has set up a global investment team, called Catalyst, charged with investing through private credit, real and financial assets, and private equity in sustainable firms...
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