The UK economy is set to receive a boost with a new £1 billion investment from global investment firm M&G. If you are investment planning in Oswestry or Cheshire, the money has been allocated to support infrastructure, innovation and affordable housing.
M&G said its investment was committed to the next three to five years, and aims to propel clean energy initiatives, social infrastructure and housing. The global savings and investment firm said it planned on channelling capital from sources including Local Government Pension Schemes (LGPS), the British Business Bank and the Scottish Borders Council Pension Fund.
M&G already has £100 billion invested in the British economy and now intends to woo more capital into its UK Social Investment Fund. Additionally, its Catalyst Growth Equity Fund has built up over $850 million internationally, with its eye on innovative players in tech, healthcare and sustainability.
The investment aligns with the UK government’s pursuit of growth. The Chancellor, Rachel Reeves, has been encouraging the use of LGPS assets to deliver needed improvements to local housing, green energy and key infrastructure. M&G’s private markets business is keen to support targeted projects that bring ‘real-world impact’ to pension savers. Opportunities include joint ventures with local authorities to provide affordable homes for people such as young care leavers.
Speaking on behalf of M&G, CEO Andrea Rossi said the investor was all set to improve core infrastructure and pave the way for a more productive and sustainable economy across the UK.






