- First fund inflows since 2018
- Interest rates lift insurance
The market gave a cautious thumbs up to the first anniversary of Andrea Rossi’s appointment as chief executive at the asset manager and legacy insurer M&G (MNG) after a solid set of half-year results, but with the caveat that comparisons were difficult to make after changes demanded by IFRS 17 accounting rules placed the emphasis on maintaining stable solvency levels.