Insurance Asset Risk Awards 2024 - UK & Europe

Alternatives Manager of the Year: M&G Investments

M&G Investments' nimble approach and extensive experience secured the asset manager this year's Insurance Asset Risk Alternatives Manager of the Year Award.

The manager prides itself on its ability to build large multi-asset portfolios, which enable insurance clients to access the entire private debt spectrum, a creative approach that affords a certain nimbleness when making allocations, ensuring portfolios keep pace with the shifting nature of private markets.

In recent years, to broaden its reach, M&G Investments launched its Real Impact Fund, which is managed by M&G's Alternatives business.

The large fund contains over £10bn in AuM and has committed more than £4bn since 2012 into real assets across 37 investments, with 21 unique partners across infrastructure, agriculture, and natural capital-themed deals.

In recent years, M&G Investments also launched a catalyst team, which is currently investing £5bn of M&G's internal capital into private companies that are tackling global ESG challenges head-on. The team has, so far, committed about £2.2bn to 58 investments across six continents, all with either a sustainability or impact-focused investment theme.

In addition to this, in 2022, M&G bought a majority stake in responsAbility Investments AG, a longstanding impact investor focused on private debt and private equity across emerging markets.

This acquisition aligned well with M&G's larger strategy of growing its sustainable and impact investing capabilities.