M&G will take a minority stake in digital wealth manager Moneyfarm


FILE PHOTO: M&G plc logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) - British money manager M&G said on Wednesday it has taken a minority stake in digital wealth manager Moneyfarm as part of a broader partnership.

M&A will use Moneyfarm's technology, digital capabilities and investment guidance to back its own branded proposition.

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