Half Year 2022 M&G PLC Earnings Call Transcript
Good morning. Welcome to M&G plc's Half Year Results.
Over the past 6 months, we have successfully built on the positive momentum achieved in 2021. Despite the current macro uncertainties, the team has worked hard to strengthen our business and, as One M&G, we have achieved a number of important operational and financial milestones. We have leveraged our deep investment expertise to deliver strong investment performance to all our clients across Institutional, Wholesale and PruFund.
A superior investment performance helped us to achieve net positive flows in Asset Management and increase sales in the Wealth franchise. We have improved net flows by GBP 3.2 billion year-on-year at a time of heightened volatility and uncertainty when many investors have reduced their exposure to markets.
We are confident that the improvements in Asset Management and M&G Wealth are sustainable, and that we can make further progress on PruFund sales now that the proposition is live on the Ascentric platform and in
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