M&G Investment Management Ltd
The M&G Group is one of the leading independent investment managers in the UK. It launched the first UK unit trust in 1931, and since then has been instrumental in many major developments in investment products. M&G group pic, the parent company, is listed on the International Stock Exchange; its largest shareholder, with 33% of the equity is the Esmee Fairbairn Charitable Trust, which was set up by M&G’s founding family with a view to ensuring its independence. M&G Investment Management Ltd manages funds for pension funds and other institutional clients, charities and unit trusts. At December 1988 total funds under management were approximately £5 billion, of which segregated pension funds represented over £870 million.
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