M&G to ramp up private credit expansion after latest buy
The purchase of a Swedish credit specialist is part of the UK-based asset manager’s ambitions to internationalise and grow its private markets presence. |
GBP MPC Official Bank Rate Votes 0-9-0 0-8-1 0-3-6
GBP Official Bank Rate 4.50% 4.50% 4.75% |
Crossed 212p. Now looking for 220p |
London 6 February – M&G Investments today announces that it has agreed to acquire a majority stake (70%) in P Capital Partners (PCP). A leading European private credit business in the corporate non-sponsor sector, it supports entrepreneurs and family-owned businesses to grow and sustainable technologies to scale..
The acquisition further underpins M&G’s strategic growth plans and cements its position as a leader in European private assets, adding differentiated investment and origination expertise, whilst strengthening PCP’s capabilities and plans for continued European expansion.. |
https://www.mandg.com/news-and-media/press-releases/mandg-plc/2025/06-02-2025 |
An excellent bullish engulfing candle on the chart. |
Looking forward to a surprising rise at some point, as the interest rate goes down while the yield at gradually increasing prices is still significantly above savings rates (apart from possibly gilts). ie. 2 factors working in the same direction.
Same goes for LGEN and others with high yields. The differential should cause a doubling up of momentum - just as it seemed to cause the effect downwards for the last 2 years. |
It is forgone conclusion... |
Could very well do if the expected rate cut happens tomorrow.
Good luck all 👍🏻 |
Going up. Will it cross 212p? |
>5706 - tks
FWIW, my big hitters are BATS, FTC, IMB, ITH, MEGP.
And still more to come imo.
pete |
Switch on. |
I thought we are without growth in ftse since 2000. |
I think the biggest risk to restart growth is if the ONS suggests we do not meet HMG fiscal rules and there is pressure to increase taxes or reduce spending... Then stagflation will mushroom. Without growth we are in trouble at UK PLC |
#Gary1966, we will see how it plays out, I am sitting on my hands having got my max weighting here now, mop up the dividends for a decade and see what they are worth afterwards against the total return adjusted costs.. :o) |
Well there’s a gap on the chart at 194.35p and so it may retrace to there as MNG does like to fill it’s gaps. |
It will be interesting to see how the share price reacts on the run up to XD here in March 2025, the spike to 238 pence last year and retrace was well overdone given the 13.2 pence dividend, the share price hit 196 pence and weakened with lows nearer 190 through to Xmas..
With inflation now (mostly) under control, interest rates should be softening heading into 2025, Gov noise is all about growth, pension funds encouraged (not yet mandated) to use surpluses to invest in growth, the next BOE decision 06th Feb could set the cat amongst the pigeons IF we get a cut, the outlook this year is very different, the XD might only be a brief dip and then push on again..? both UK/US elections are out of the way, the UK budget is not a surprise anymore so the catalysts are all there for it with the exception of 15% NICS hitting employers which could push pricing and stoke inflation some..? |
I see some good results from SJP today with big increase in AUM and a 10% increase in share price Maybe some of this will read across to MNG |
I am holding it from 235p from last year b4 exd. So I know how you feel... |
Ask the gang manipulating it. |
209p achieved, next stop 220p..anyone? |
Peter - Right now my best performers are AV. And SNWS. I've also recently (last six months) bought back into SQZ and introduced ITH. Both have stonking yields. The running yield on my portfolio is 9.47% excluding special dividends. Not bad. |
Pete: Mine is Pearson but really all the big FTSE ones do OK..... |
>Lord Gnome.
I agree that LGEN is a most frustrating share, but mrs holding on for the Divs.
I would be most interested to know what are the best peforming shares in your pf.
pete |
For me the performance needs to reflect what has happened with the dividends generated and how any investments purchased have also performed. |
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