Vision, Insights, Expertise Kick-start your career at M&G€¦ · a deposit on a home, going to university or travelling when they retire . But knowing you’re really making a difference

Vision, Insights, Expertise

Kick-start your career at M&G

Contents

Welcome to M&G . . . . . . . . . . . . . . . . . . . . . . 5

Who we are . . . . . . . . . . . . . . . . . . . . . . . . . 6

Understanding investments . . . . . . . . . . . . . . . 8

Responsible investing . . . . . . . . . . . . . . . . . . 10

The difference we make . . . . . . . . . . . . . . . . . 12

Our brand . . . . . . . . . . . . . . . . . . . . . . . . . 14

Our people . . . . . . . . . . . . . . . . . . . . . . . . . 16

Giving back to the community . . . . . . . . . . . . . 18

Rewards and benefits . . . . . . . . . . . . . . . . . . 19

Career mobility and development . . . . . . . . . . 20

Life as a graduate . . . . . . . . . . . . . . . . . . . . 22

Internships . . . . . . . . . . . . . . . . . . . . . . . . . 24

Apprentices . . . . . . . . . . . . . . . . . . . . . . . . 25

Jargon buster . . . . . . . . . . . . . . . . . . . . . . . 26

Welcome to M&G

At M&G, we help people from all walks of life to prosper by putting their savings to work . We do this by investing their money back in the economy: in businesses, infrastructure and homes, for example . For me, it’s tremendously rewarding to know that we are helping our customers save for the future, whether that’s for a deposit on a home, going to university or travelling when they retire .

But knowing you’re really making a difference to people’s lives isn’t the only reason to work at M&G . A diverse, collaborative culture, a great work/life balance, and challenging and engaging assignments working for one of the most innovative investment managers in the world are just some of the reasons why our people say they enjoy working here .

To do our best for our customers now and in the future, we need the very best people: enthusiastic, talented and hardworking people from a wide range of backgrounds, who can create the investment products and manage the services that our customers need .

If that sounds like you, take a look through our brochure and visit us at www .mandg .com/careers to find out what we have to offer . Whether you’re a school leaver, an undergraduate or a graduate, we have some fantastic opportunities that will give you an exciting and rewarding career in investment management . You may be surprised at the variety of different things you can do at M&G!

Wishing you the best of luck in your job search and future career,

John Foley Chief Executive M&G Investments

Kick-start your career at M&G 5

Who we are

M&G has been helping people to prosper by putting their investments to work for more than 85 years .

Our approach to investment management is long-term and we encourage our people to think creatively, act with conviction and work collaboratively to meet our customers’ changing needs .

Headquartered in London, we have offices in 16 countries and distribute our funds in 23 territories . We currently manage £286 billion of customer assets (as at 30 June 2018) in investments .

M&G Prudential

M&G Investments is part of M&G Prudential, a savings and investment business which was formed in August 2017 by our parent company, Prudential plc and has £342 billion of assets (as at 30 June 2018) under management . M&G Prudential is set to demerge from Prudential Plc to become an independent company listed on the London Stock Exchange .

To find out more about M&G Prudential visit www.prudential.co.uk/businesses/mandg-prudential

Vision, Insights, Expertise6

Why we’re different at M&G

We believe that our unique culture makes us stand out from the crowd:

• We offer a supportive environment that encourages innovation and creativity while maintaining a healthy work/life balance .

• We love diversity, because we believe that teams with different kinds of people from different backgrounds make better decisions .

• We give our graduates and apprentices responsibility and recognition from day one .

• We take a long-term approach to investing on behalf of our customers and investing in developing our people .

What do we do, and who are our customers?

Investment management plays a really important role in our society and the financial system .

By investing our customers’ money in the economy, we provide funds for businesses who want to grow, funds to pay for long term infrastructure projects, and funds to build new homes and communities .

One of the ways we do this is by managing pension savings on behalf of businesses and local authorities, which have some five million pension scheme members between them . Another big group of customers for us are the Prudential with-profits and annuity policy holders, on whose behalf we manage over £100 billion of assets .

We also manage money for individual customers . Some of these choose to invest in our funds directly with us, and some use an independent financial adviser, stockbroker, bank, or online fund platform to invest . Individual customers invest in one or more of M&G’s pooled funds (also known as mutual funds or unit trusts) .


Understanding investmentsWhat do we invest in?

M&G’s scale, and the skills and experience of our people, mean that we can invest in a wide variety of assets, including publicly listed equities and bonds, as well as specialist and alternative assets such as real estate, private equity and private debt .

Cash offers very little potential for growth or income . However, it can be the most secure place for your money as the Financial Services Compensation Scheme will pay compensation up to £85000 if your bank or building society becomes insolvent .

Bonds may be appealing if you need a regular income or are just looking for a lower-risk place to store your savings that still has more growth potential than cash .

Equities can be right for you if you are comfortable with the idea that the potential for strong growth also comes with the possibility for greater losses .

Property offers an attractive combination of a regular income and some potential for growth, particularly if you invest in a fund that buys property directly .

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested .


1931

First unit trust tailored to end investors in the UK, launching the UK mutual fund industry

2017

First impact private debt fund, which aims to make a positive social impact as well as generate financial return

2016

First diversified European new-build infrastructure fund

2013

First social housing deal lending to multiple Welsh

housing associations

2006

First fully flexible bond fund

2009

First multimedia fund information channel – iView

2010

First inflation-linked corporate bond fund

for end investors

1994

First retail corporate bond fund

1998

First retail high yield corporate bond fund

1999

First institutional investor in European leveraged loans

1969

First ‘recovery’ equity fund

1971

First Japanese equity fund from a UK asset manager

1973

First commodity fund

1964

First equity income fund

1954

First investment savings plan for a unit trust

1935

First flexible unit trust

1961

First unit trust for charities

2011

First long lease property fund to

reach £1bn

2017

Creation of M&G Prudential


Responsible investingMost M&G customers are saving and investing for the long term – so they value the responsible, active, long-term approach we take to the assets we hold on their behalf .

When we buy shares in companies, we typically hold them for three to five years – and for some infrastructure investments, it’s as long as 30 years . Because we’re thinking about long-term investment, we also think about long term trends and challenges – such as climate change, the sustainability of natural resources, and social and demographic changes .

That’s why we believe that issues such as energy conservation, pollution and waste, health and safety, human rights and executive remuneration can be as important as analysing the balance sheet when determining whether a company is likely to be successful for many years to come .

Where we own equity in a company, we aren’t afraid to challenge the managers of these businesses if we think their environmental, social and governance policies and practices pose a risk to long-term performance, including using our vote in resolutions at a company’s annual general meeting . When we invest in fixed income securities, integrating these considerations into our research and investment processes helps us better to understand the risk to our bond investments .


M&G’s new ESG-screened bond fund

In 2017, we launched a new product for investors who want to invest in high-yielding bonds, but who also want to know that the investments have been made according to very clear responsible investing criteria . For example, the fund automatically excludes companies in sectors including tobacco, gaming, thermal coal, defence, weapons, alcohol or adult entertainment, and also excludes companies outside these sectors which have poor ESG performance compared to their peers .


The difference we makeInvesting in public infrastructure

Investment by M&G and Prudential customers provided funds to build the brand new Alder Hey Children’s Hospital in the Park in Liverpool . Designed around the needs of its patients and their families, it’s now a world leader in children’s healthcare .

Investing in new homes

With our investors’ money, M&G designed and built the Rehearsal Rooms, a community of apartments which is helping tackle the shortage of good quality homes for rental in West London .

Investing in economic infrastructure

M&G’s specialist infrastructure equity team provided the funds needed by Gigaclear, a fast-growing fibre broadband company, to help it bring ultrafast internet to rural communities .

Investing in new jobs

Investment from four of M&G’s retail bond funds has helped finance Aston Martin’s growth, including the construction of a new car factory in St Athan, South Wales, which will create several hundred new skilled jobs .

Investing in social housing

M&G customers provided £50 million to the United Welsh housing association, helping it to fund the construction of 600 affordable homes in South Wales .


Alder Hey Children’s Hospital, Liverpool

Rehearsal Rooms, West London

Gigaclear

Aston Martin, South Wales

United Welsh, South Wales


Our brand

Throughout our history, we’ve always endeavoured to find new ways and new markets in which to put our customers’ savings to work . We continue to build M&G’s brand awareness among our customers, partners and other stakeholders through marketing and advertising campaigns and sponsorship around the world .


Infrastructure Manager of the Year

Global Investor Magazine2018

Multi-Asset Manager of the Year

European Pensions2018

Real Estate Manager of the Year

European Pensions2018

Best Asset Management House

Expansión AllFunds Fund Awards2018

Best Asset Management House in Asset Allocation


Best Investment Fund


Fixed Income Manager of the Year

Insurance Asset Risk Awards2018

Active Manager of the Year

Pensions Age Awards2018

Best Emerging Market Debt Fund

Investment Week Awards2018

Best Global Bond Fund

Investment Week Awards2018

We’re proud of the many UK and international awards we have won for our work: especially the awards voted for by our customers and clients .


“The culture here is truly unique . Everyone, regardless of rank or seniority, is extremely approachable .”Jake Pittman – Investment Solutions Associate, Equities

Our people

When we ask people at M&G what makes them want to work for us, there is one word that is repeated time and again: “culture” . The working environment is collaborative, with plenty of energy, enthusiasm and passion . People who work here care about doing a good job for their customers and treating each other well .

Our role as an employer is to provide the right environment for talented people from an array of backgrounds to do their best work . Difference and diversity is really important to us, because we need lots of different opinions, thoughts and experiences to do our best work for our customers .

We encourage graduates, interns and apprentices from all universities, schools, degree disciplines and backgrounds to apply for our schemes . The subject of your A-levels or of your degree is not important in our assessment process .


Our newest employee network, Enable wants people to feel comfortable talking about disabilities . We aim to make M&G Prudential more accessible customers and stakeholders, and to be an outstanding employer in our industry for people with disabilities .

Once you join M&G, there are lots of affinity networks to join too, which celebrate and support our diversity .

In 2014 we launched our successful LGBT networks, M&G Pride and Pride Allies, which help us create an environment where everyone feels able to bring their full self to work .

M&G Mind Matters is an employee-run network aiming to increase awareness and knowledge around mental health, reduce stigma associated with mental health at work and help M&G to support those directly or indirectly affected by mental health issues .

Our women’s network aims to inspire, support and develop women to achieve their potential at M&G and Prudential . We hold events, talks and social events to support colleagues with career development and networking .

M&G is a member of Cityparents, the organisation to support working parents in the City to balance family life and career . M&G employees can attend Cityparents’ very popular lunchtime seminars and join its mentoring scheme .


Giving back to the communityEveryone at M&G is encouraged to play their part in creating an environment for enterprise, prosperity and the improved well-being of our communities in the countries where we operate .

We launched the Staff Charity Fund in 1992 to support smaller charities that would otherwise struggle to achieve funding, and charities closely connected to M&G staff or its offices . The fund is financed solely through the generosity of M&G staff who choose to make monthly donations through the Give As You Earn Scheme .

“What makes the Staff Charity Fund so special is that it brings us together to make a difference to our communities . Many of our staff have close personal connections to the

charities we help, and it’s a great feeling to know that their colleagues are supporting them .”Rajmeet Bhatti – Chair of the M&G Staff Charity Fund Committee


Rewards and benefits

We are committed to providing rewards that attract, retain and motivate our talented individuals . Our combination of incentives and benefits enhance our culture, support our values and deliver fair reward in line with performance achieved .

Here are just some of the benefits that come with a career at M&G:

• Highly competitive salary

• Performance-related bonuses

• Annual volunteer days and charitable donations

• Pension scheme

• Holiday purchase scheme

• Career mobility and opportunity

• Private medical insurance and GP

• Interest-free season ticket loan

• Agile working

• Local social discounts such as gym membership

• Cycle to work scheme

• Events organised by the Sports & Social Committee


Career mobility and developmentWe believe that everyone should have the opportunity to reach their full potential, both personally and professionally .

We support our employees through a variety of learning and talent development opportunities tailored to the specific needs of the individual . These not only develop individual skills and broaden understanding of the business and our industry, but also help them to live a healthy and balanced lifestyle .

These include:

• Professional qualifications

• Technical training

• Soft-skill development

• Mentoring and coaching

• Online training modules

• Wellbeing workshops

• Business and fund awareness sessions

Our aim is to equip everyone with the skills and training needed to accelerate their career development . There are also lots of opportunities to move to different teams, permanently or on secondment, to take on new challenges within the business .

The graduate, intern and apprenticeship programmes provide exposure across the business and we believe this builds well-rounded knowledge, strong and wide networks and is the catalyst to a dynamic career at M&G .



Life as a graduate

Being a member of a valued cohort you will undergo work that is both meaningful and relevant . With direct access to senior management and clients you are able to develop good relationships across the business and begin to build your own platforms to a successful and long lasting career .

Training and Support

All graduates will undergo a robust training programme which includes technical qualifications (such as the Investment Management Certificate) before entering the business as well as further development initiatives throughout the scheme . This will give you the knowledge required and prepare you for a long-lasting career in investment management .

“Although studying geography is not the traditional route to working in finance, it has given me a different perspective and way of thinking which I feel has been truly valued at M&G . The entire graduate cohort undergoes a five-week training programme which has quickly brought me up to speed with all the relevant industry knowledge .”Charlotte Thompson – former Investment Graduate


As a graduate at M&G every day is different, you are constantly learning and developing your own skills . Dependant on the programme you join you will rotate around various business areas or within your department . This allows you to get a taste for a number of areas, build networks and inform your future career decisions .

What we are looking for

In our graduate and intern students we are looking for people who demonstrate energy, originality and conviction with a passion that relates to their chosen scheme; be that business, technology or financial markets . Confidence in your own abilities and decision making is important and we look for those who can utilise this within a team .

We seek people from multiple degree disciplines; a finance-related degree is not necessary for a career in investment management . We have an eye on the future and are interested in your skill base rather than your current knowledge base . We can teach you all you need to know .


Internships

Whatever your interest, there is place for you to grow here.

From day one you are given the opportunity to take on real work and really make an impact . Our summer internships are designed to develop your skills and interests through an inclusive training programme and on-the-job guidance .

What to expect

You will spend your summer in a chosen business area where you will be given opportunities to make an active contribution to the team whilst gaining an insight into what life at M&G is really like .

During your first few weeks you will go through a comprehensive training programme which has been specifically designed for those with and without industry knowledge . Alongside this you will have additional guidance from your buddy, mentor and team throughout your internship .

There are also plenty of opportunities to join internship social events throughout the programme . Networking lunches, evening drinks and fun events, along with other team-specific socials generally keep our students very busy!

We expect our interns to get involved in M&G life from the beginning, be that supporting volunteering projects, participation in our inclusive networks, active team involvement or fundraising for a supported charity .

From Intern to Graduate

As an intern you will go through the same recruitment process as a graduate as we see you as future talent . If you are successful over your internship we will fast track you for our graduate scheme to start the following year .


Apprentices

We look for highly motivated, enthusiastic and dedicated school leavers to join our Apprenticeship programme . This programme is designed to help people without degrees start their careers straight after school/college and earn a competitive salary whilst receiving on the job training .

You will be offered a permanent position in the business, which begins with 12-18 months on the Apprenticeship Programme . During this time, you will work towards relevant industry recognised qualifications such as Investment Operations Certificate (IOC) or Chartered Institute of Management Accountants (CIMA) . This opportunity will enable you to develop a wide range of skills and competencies by interacting with people across the business at all levels .

“I feel like I have had a unique opportunity to both work and learn with brilliant help and support from M&G, which has been a great environment to develop in .”Guery Galantzeva – former Marketing Apprentice

Team player Proactiveness

Curiosity

Attention to detail

Drive

Excellent communication skills

What we look for


Jargon buster

Active ManagementA type of investment approach employed to generate returns in excess of the market .

AssetAny item of economic or financial vales owned by someone or a company .

BondA debt investment ie a loan, in the form of a security, usually issued by a government or company . These normally pay a fixed rate of interest over a given time period, and at the end of which the initial amount borrowed is repaid .

CashLegal tender or coins that can be used in exchange goods, debt, or services . Sometimes cash can also include the value of assets that can be converted into cash immediately, as reported by a company .

DividendA portion of company net profits paid out to shareholders .

EquityShare of ownership in a company .

Financial Conduct AuthorityThe conduct regulator for 56,000 financial services firms and financial markets in the UK .

Fixed income investmentAn investment that provides a return in the form of fixed periodic interest payments over a given time period, and the eventual repayment of the initial investment at maturity .

Institutional InvestorA large investor such as a pension fund, insurance company or charity .

Multi-asset InvestmentA multi-asset class investment would contain more than one asset class, thus creating a group or portfolio of assets .

Real estateAn asset class comprising buildings and land, ie property .

Retail InvestorsIndividual investors who buy and sell securities for their personal account, either directly or through third parties such as independent financial advisors and banks .


Contact mandg.co.uk/graduates mandg.co.uk/apprenticeships [email protected]

Email us with queries .

@mandgcareers facebook.com/mandgtrainees linkedin.com/company/m&g

Issued by M&G Securities Limited which is authorised and regulated by the Financial Conduct Authority and provides investment products. The company’s registered office is Laurence Pountney Hill, London EC4R 0HH. Registered in England No. 90776. AUG 18 / 302605

Documents

Vision, Insights, Expertise Kick-start your career at M&G€¦ · a deposit on a home, going to university or travelling when they retire . But knowing you’re really making a difference