M&G completed the acquisition of a majority stake in responsAbility Investments.

M&G, an investment manager, completed the acquisition of a majority stake in responsAbility Investments, an asset manager. Financial terms were not disclosed. “This acquisition strengthens M&G’s position in the rapidly growing market for sustainable investments, especially in the exciting area of emerging markets. It also accelerates the growth of our private assets franchise and augments our European institutional distribution," John Foley, M&G CEO.