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M&G Exclusive: 28% Profit Surge in 2023 Explained

M&G, a leading UK investment firm, saw a remarkable 28% rise in its pre-tax adjusted operating profit for 2023, climbing to £797 million from £625 million in the previous year.

M&G plc is a global investment manager headquartered in the City of London. Photo: Shutterstock
M&G plc is a global investment manager headquartered in the City of London. Photo: Shutterstock

This increase was the result of a strategic push towards both attracting more investments and implementing significant cost reductions.

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