About M&GM&G was founded in 1901 and launched the first fund for the general public in Europe in 1931. Since then we have concentrated our efforts on managing investment funds. Following the acquisition of M&G by Prudential in 1999, the two asset management businesses of M&G and PPM (Prudential Portfolio Managers) were merged into a single unit in 2000, with M&G becoming the investment arm of Prudential plc across Europe.
In 2001, M&G International Investments Ltd., the international investment fund business of M&G, was launched. Today our European offices are located in Frankfurt, London, Madrid, Milan, Paris and Vienna.
M&G at a Glance (381 KB)
Our parent company Prudential began life in 1848 as the Prudential Investment, Loan and Assurance Association. By the 1860s, the company had firmly established itself, particularly as a provider of insurance policies for Victorian workers, and in 1866, the name was changed to The Prudential Assurance Company. In the 1920s Prudential expanded its operations into Europe and further afield to India, Canada, New Zealand and Australia. Over the next 50 years, Prudential continued to grow and in 1978, Prudential Corporation was set up as a holding company.
In 1982, PPM was established as a separate company out of Prudential’s investment department. At the same time Prudential Property Investment Managers (PRUPIM) was established to continue the management of property. Investment management was widened into overseas markets and in 1986, Prudential purchased an American insurance company, Jackson National Life. In 1994, building on existing businesses in Hong Kong, Singapore and Malaysia, Prudential Corporation Asia was established to spearhead its expansion into other dynamic Asian markets.
