Record-Breaking Capital Generation
M&G generated over £900 million of capital, exceeding the upgraded OCG target and allowing for debt reduction and increased dividend cash spend.
Strong Asset Management Performance
Group operating profit increased by 5%, driven by a nearly 20% improvement in asset management results. Average AUM grew by nearly 3% with improved cost efficiencies.
International Growth and Diversification
International assets grew by 50% over the past 4 years, with 56% of third-party assets belonging to international clients, enhancing financial resilience.
Simplification and Cost Savings Achievements
Achieved £188 million in savings and upgraded the cost target to £230 million by the end of 2025, with a focus on reducing the cost-to-income ratio.
Launch of New Value Share Proposition
Introduced a new value share BPA, completing 6 deals worth £1.7 billion, including a £500 million indicative value share transaction.