According to M&G, 60.8 percent of its assets under management (AUM) require improvement, while 4.4 percent were rated as “unsatisfactory.”
These numbers have increased since 2021, when M&G determined that 0% of AUM was considered unacceptable and 59.2% of AUM needed to improve its investment performance.
As of December 31, 2021, M&G has €439.5 billion in AUM.
However, compared to last year, overall fund ratings for 2022 were higher.
Along with investment performance, these also take into account things like customer service standards, cost-saving measures, and the fees charged by the authorized fund manager.
The percentage of the firm’s AUM that was assessed to be providing value increased marginally from 92.1 percent in 2021 to nearly 100% (95.8%).
