Britain's M&G swings to net inflow on Daiichi Life boost

Daiichi Life

07/05/2026 07:28

May 7 (Reuters) - British insurer and money manager M&G  MNG.L posted net inflows of 600 million pounds ($815.64 million) from its open business in the first quarter on Thursday, swinging from net outflows a year earlier, as demand from Japanese partner Daiichi Life  8750.T and other external clients drove asset management growth.

($1 = 0.7356 pounds)

(Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)

((Yamini.Kalia@thomsonreuters.com))