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UK M&G Investments Files Lawsuit for $34 Million Damages Against Royal London Mutual Insurance Society for Exposing Clients of Wealth Management Platform Ascentric to Inappropriately Risky Investments, M&G Acquired Ascentric in 2020 for £86 Million
25th December 2024 | Hong Kong
UK M&G Investments ($449 billion AUM) has filed a lawsuit for $34 million (£27 million) damages against Royal London Mutual Insurance Society for exposing clients of wealth management platform Ascentric to inappropriately risky investments. In 2020, M&G acquired Ascentric for £86 million from Royal London Mutual Insurance Society.
“ UK M&G Investments Files Lawsuit for $34 Million Damages Against Royal London Mutual Insurance Society for Exposing Clients of Wealth Management Platform Ascentric to Inappropriately Risky Investments, M&G Acquired Ascentric in 2020 for £86 Million “
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UK M&G Investments Files Lawsuit for $34 Million Damages Against Royal London Mutual Insurance Society for Exposing Clients of Wealth Management Platform Ascentric to Inappropriately Risky Investments, M&G Acquired Ascentric in 2020 for £86 Million
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