M&G acquires leading impact investor, responsAbility Investments

LONDON, UK: M&G plc, the international savings and investments business, has agreed to acquire a majority stake in responsAbility Investments AG, a leader in impact investing focused on private debt and private equity across emerging markets. M&G has agreed to acquire approximately 90% of the issued share capital of responsAbility, and expects to acquire the…

Royal London sells Ascentric to M&G

LONDON: Royal London announced the sale of its platform business, Ascentric, to M&G plc.  The sale follows the completion of Ascentric’s re-platforming in 2019 and the conclusion of a comprehensive strategic review led by Royal London Chief Executive, Barry O’Dwyer. Ascentric is a leading digital wrap and wealth management platform for advisers with assets under…