M&G

M&G's Kelly is investing in former highflyers like Novo to outperform competitors. The strategy focuses on companies that were previously top performers but are now undervalued.

M&G is shifting to cheaper stocks after tech's rapid rally, indicating a potential change in investment strategy. This move may be a response to the tech sector's recent growth. M&G's decision could impact the market and other investors.

M&G's CEO, Pinto, is focusing on private markets to drive company growth. The strategy highlights confidence in private market investments as a key growth driver.