Two thirds of M&G AUM fails to meet performance expectations

95.8% deemed to deliver value overall

Elliot Gulliver-Needham
clock • 2 min read
M&G Recovery and M&G Absolute Return Bond funds were rated unsatisfactory

M&G Recovery and M&G Absolute Return Bond funds were rated unsatisfactory

Only 34.8% of M&G Investments' assets under management has been found to deliver value according to its investment performance metrics, a 6% decrease on last year's figure.

Of the remaining assets, 60.8% needed improvement while 4.4% of the AUM was found to be unsatisfactory. Investment performance value is judged against all stated fund objectives, performance versus the benchmark and any relevant non-financial and sustainability objectives.  Despite this, M&G reported an improvement in its annual assessment of value report, with 95.8% of its funds by assets under management deemed to be delivering value overall, up from 92.1% in the previous year. By overall performance, fewer funds were rated ‘must improve' than last year, however two funds were rated...

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