M&G plc is a global investment management company that offers savings, investments, and asset management services. The company was founded in 1848 as Prudential, a loans and life assurance company, and in 1931 as M&G Investments to make long-term savings more accessible. In 2017, Prudential UK & Europe and M&G merged and listed on the London Stock Exchange as M&G plc. M&G is a subsidiary of Kingdom Holding Co and operates in Africa, North America, South America, Europe, and Australia.
M&G's mission is to help people gain access to their products and democratize wealth. The company offers a range of products and services, including: long-term savings, investment and asset management, life insurance, home insurance, and educational and business development services.
M&G manages investments for individuals and large institutional investors, and some of its subsidiaries are regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
M&G share price launched at 225p in 2019.