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M&G blames ‘challenging market conditions’ for £1.9bn outflows in 2024

Despite outflows from the FTSE 100 group, assets under management rose to £345.9bn

By David Ricketts
M&G is pushing into private markets and wants to grow its active ETF business
M&G is pushing into private markets and wants to grow its active ETF business Photo: photo: Hollie adams/Bloomberg via Getty Images

M&G posted net outflows of almost £2bn last year following “challenging market conditions” for the UK-listed savings and investments group.

Full year results for the FTSE 100 firm published on 19 March showed net outflows of £1.9bn for 2024, a turnaround from the £1.7bn of new money it collected during the previous year.

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