M&G plc (MNG.L)
- Reuters
Britain's M&G invests in crypto derivatives platform GFO-X
Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain's M&G Investments has led a $30 million second round of funding ahead of its launch. GFO-X is licensed by the UK's Financial Conduct Authority for global institutional investors to trade digital asset futures and options that will be cleared at the London Stock Exchange Group's Paris clearing arm LCH SA. M&G Investments, which provided most of the latest $30 million funding, is part of M&G Plc, and will have a seat on the board of GFO-X Holdings.
- Investing.com
M&G Plc's assets under management suffer unexpected decline in first half of financial year
London-based asset management firm, M&G Plc, reported a significant decline in its assets under management and administration for the first half of the financial year, falling short of market analysts' expectations. The firm's assets receded to £332.8 billion ($411 billion), marking a noticeable downturn from the £342 billion reported at the close of 2022.
- Yahoo Finance UK
What new reforms mean for your pension
Chancellor Jeremy Hunt outlined reforms to boost pensions and increase investment in British businesses at Mansion House.
