Previous Close | 2.2960 |
Open | 2.3020 |
Bid | 0.0000 x N/A |
Ask | 0.0000 x N/A |
Day's Range | 2.3020 - 2.3260 |
52 Week Range | 2.1220 - 2.7850 |
Volume | |
Avg. Volume | 3,799 |
Market Cap | 5.536B |
Beta (5Y Monthly) | 1.48 |
PE Ratio (TTM) | 15.51 |
EPS (TTM) | 0.1500 |
Earnings Date | Mar 21, 2024 |
Forward Dividend & Yield | 0.23 (9.97%) |
Ex-Dividend Date | Mar 28, 2024 |
1y Target Est | N/A |
Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain's M&G Investments has led a $30 million second round of funding ahead of its launch. GFO-X is licensed by the UK's Financial Conduct Authority for global institutional investors to trade digital asset futures and options that will be cleared at the London Stock Exchange Group's Paris clearing arm LCH SA. M&G Investments, which provided most of the latest $30 million funding, is part of M&G Plc, and will have a seat on the board of GFO-X Holdings.
LONDON (Reuters) -M&G Investments is seeking to close its 565 million pound ($685 million) M&G Property Portfolio due to declining interest in open-ended real estate funds from UK investors, the company said on Thursday. Launched in 2005, the fund was set up to provide retail investors access to returns from high quality commercial property that had previously been out of reach to all but the wealthiest of buyers. But interest in open-ended property fund structures has waned after several bouts of political and economic turmoil, including the global financial crisis, Britain's vote to leave the European Union and last September's "mini-budget" chaos.
London-based asset management firm, M&G Plc, reported a significant decline in its assets under management and administration for the first half of the financial year, falling short of market analysts' expectations. The firm's assets receded to £332.8 billion ($411 billion), marking a noticeable downturn from the £342 billion reported at the close of 2022.