Policies and principles

M&G maintains an overarching responsible investment policy that applies throughout the business.

 

Responsible investment at M&G

You can find more information about our responsible investment activities on this page, or visit the following pages to learn more about how our policies are implemented across our investment teams:


Contact us if you’d like more information about our approach to responsible investment.


2018 reports


M&G's 2018 Corporate Finance and Stewardship Report
An overview of M&G's responsible investment activities over the year

United Nations-backed Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice. The PRI publishes an annual assessment report of individual signatories, which evaluates investors’ progress in implementing and articulating their Responsible Investment activities. For the 2019 report, we are pleased to have maintained our A+ rating for Strategy & Governance, which measures M&G’s overall Responsible Investment approach.

View the Summary of M&G’s PRI assessment and M&G’s 2019 PRI submission.

M&G's approach to responsible investment


M&G's approach to responsible investment
We take our responsibilities as an investor seriously. Investment teams share an acute awareness of their duties as stewards of our clients’ assets, and this perspective informs all investment decisions.

M&G Equities' approach to responsible investment
We believe that the long-term success of companies is supported by effective investor stewardship and high standards of corporate governance, while social and environmental issues can also have an important impact on a company’s performance and successful development.

M&G Fixed Income's approach to responsible investment
M&G is a long-term investor across both public and private fixed income markets. Our aim is to provide our clients with superior, long-term risk-adjusted returns driven by an in-depth analysis of all factors that are material to the risk or return of our investments.

Responsible Property Investment Policy
M&G Real Estate looks to manage and respond to the growing range of environmental and social issues that can impact property values, helping protect and enhance fund and asset performance.

Conflicts of interest disclosure statement
We use all reasonable endeavours to identify conflicts, manage them effectively and treat our clients fairly. This is central to the duty of care we owe to clients.

Cluster munitions policy
In response to the UN Convention on Cluster Munitions and country-specific legislation, we do not invest in securities issued by companies directly involved in the manufacture of cluster munitions.

Stewardship


The UK Stewardship Code sets out the principles of building constructive relationships and engagement between asset managers and investee companies. Find out more about M&G and the UK stewardship code to learn how we discharge our stewardship responsibilities.

M&G and the Stewardship Code
The UK Stewardship Code was first introduced in 2010, setting the benchmark in the UK for institutional investors to meet ownership responsibilities in respect of their holdings of UK equities.

Stewardship assurance
We obtain independent assurance for its compliance with Principles 1, 2, 4, 6 and 7 of the UK Stewardship Code.

Voting Policy
An active and informed voting policy is an integral part of our investment philosophy. By voting, we seek to add value to our clients and protect our interests as shareholders.

Remuneration Guidelines for UK Investee Companies
A company’s remuneration policy should be well governed, transparent and aligned with the interests of shareholders. Engagement on remuneration is part of our regular and purposeful dialogue with investee companies.

Climate change


M&G Investments Climate Change Strategy Statement
At M&G, as an asset manager we recognise our responsibility to our customers, society and the environment to address the challenges and opportunities presented by climate change; the following sets out our strategy for assessing and managing these issues effectively over the long term.

M&G Real Estate Environmental Policy Statement
M&G Real Estate will endeavour to ensure that our policies actively promote environmental protection, and wherever possible enhancement, within the confines of fiduciary duties to clients.

M&G recommits to climate change statement
The 2018 Global Investor Statement to Governments on Climate Change reiterates investors’ full support for the Paris Agreement and strongly urges all governments to implement the actions that are needed to achieve the Agreement’s goals. Sent to G7 governments ahead of their 2018 Summit in Canada, the statement has been signed by some 319 investors, representing USD $28 trillion in assets.

Glossary

As responsible investing has evolved, so too has the breadth of associated terminology. We've put together the following glossaries to define some of the most commonly used terms.

Responsible investment terms

Responsible investment voting terms


The value of investments will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested.