American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

M&G stock soars as Dai-ichi Life buys 15% stake in strategic partnership

by admin May 30, 2025
May 30, 2025
M&G stock soars as Dai-ichi Life buys 15% stake in strategic partnership

Shares in M&G surged more than 6% Friday, reaching their highest level in over a year, after the British financial group announced a long-term partnership with Japanese insurer Dai-ichi Life.

As part of the deal, Dai-ichi Life will acquire a 15% stake in M&G, making it the company’s largest single shareholder.

The move allows the Japanese firm to appoint a director to M&G’s board as long as it retains that level of ownership.

The tie-up is expected to generate at least $6 billion in new business flows for M&G over the next five years.

Roughly half of that will come from Dai-ichi Life’s balance sheet, while the rest will arise from joint initiatives, including the distribution of M&G products in Japan and Asia.

In return, Dai-ichi Life expects to see at least $2 billion in new business from the partnership.

Strategic expansion amid industry-wide pressure to scale

M&G will become Dai-ichi Life’s preferred asset management partner in Europe, positioning the British group to expand its presence in European private markets while opening channels across Asia.

Both firms will also explore opportunities to co-develop products and co-invest in new asset management capabilities, reflecting the growing trend of strategic collaboration in the sector.

Asset management companies around the world have increasingly looked to consolidate or form alliances to scale up and compete more effectively against industry giants like BlackRock and Vanguard.

Active managers like M&G, in particular, have faced headwinds from inflation and the growing appeal of passive investment vehicles, which charge lower fees.

Andrea Rossi, M&G’s chief executive, said the partnership validates the firm’s strategic direction and reflects confidence in its long-term potential.

He added that the deal will support growth in core areas while granting M&G deeper access to Asian markets.

Japanese insurers increase global footprint

This deal continues a pattern of outbound investment by Japanese financial institutions seeking diversification and growth.

Earlier this year, Dai-ichi Life boosted its stake in UK-based Capula Investment Management and agreed to take a 15.1% interest in Australia’s Challenger.

Japanese peers have also pursued international collaborations, including Legal & General’s tie-up with Meiji Yasuda and DWS’s ongoing discussions with Nippon Life regarding a joint venture in India.

M&G was previously linked to a potential acquisition by Australia’s Macquarie, though it dismissed the speculation.

The firm reported a better-than-expected annual profit in March, supported by cost-cutting efforts and growth in asset management.

FTSE 100 inches toward record high

The news gave fresh momentum to the FTSE 100, which is now up 7.1% for the year, aided by a 3.4% average dividend yield.

According to Interactive Investor’s Richard Hunter, the index is just 1.4% below its record high, a level that could prompt further buying and sustain the rally.

The post M&G stock soars as Dai-ichi Life buys 15% stake in strategic partnership appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
I’d avoid SCHD and buy these dividend ETFs instead
next post
Toncoin (TON) slumps as Elon Musk denies Telegram-xAI deal

Related Posts

Nvidia lost half its market share in China:...

May 22, 2025

Europe markets open: stocks down; focus on US...

July 14, 2025

Bristol Myers CEO explains why he’s spending billions...

June 3, 2025

How is the SPYI ETF doing as the...

April 14, 2025

Walmart to open or expand more than 150...

February 3, 2024

Stellantis share price has collapsed: death cross points...

March 6, 2025

Netflix stock set to rise as live event...

November 22, 2024

Interview: H2 outlook optimistic with US production push,...

July 31, 2025

Dollar gains weekly as markets pin hopes on...

May 9, 2025

This small Missouri city could cash in on...

April 9, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,563)
    • Investing (2,695)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved