Asset Management Summer Internship (London) with M&G

Company: M&G plc

Role: Asset Management Summer Internship

Location: London

Apply Here 

If you are interested in this role, we would recommend you consider registering your interest in our Inspirational Women in Asset Management Insights Day. This event is in London, and you will have the opportunity to network with M&G colleagues, including managers, graduates, and investment professionals and find out what it’s like to be part of the organisation and join one of their early careers programmes. It is an invite only event, and if you receive an invitation then you will be sent a bespoke link to make an application after the event. 


At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we’re looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple. 


We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role. 


What do we do? 


M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional clients in 28 markets. As at 30 June 2023, we had £332.8 billion of assets under management and administration. 


Our 700-strong team of Investment Professionals offer a depth and breadth of investment expertise across our asset classes: Cash & Currency, Multi Asset, Equities, Public Fixed Income and Private & Alternative Assets.    


Global Distribution and Product (GDP) is the global business development function within our asset management business.  The functions within GDP include sales teams in UK, Europe, Asia and Americas, working with clients in wholesale channels (banks, private banks, advisors) and institutional channels (pension funds, insurers) to sell our investment capabilities, and provide service to our existing clients.   GDP also includes Product Development, Strategic Planning and Investment Marketing.   


What you can expect from our Internship Programme:  


As an Asset Management Intern you will be placed in one of the following teams: Investment Desk, Investment Operations, Global Distribution and Product (which includes Product, Marketing, Strategy and Distribution) or Sustainability.   


The programme consists of an 8 week immersive dive into the world of M&G, starting on 24 June 2024. We are focused on developing you professionally, as well as building your technical skills, through real, value-add work and learning sessions hosted by our experienced professionals. 


Your induction will give you a grounding of who we are, our strategy, and customers & clients before you move into your dedicated team for the rest of your time with us. Being based in the same team for the duration of the programme will give you an in-depth of knowledge of your business area, and help you to build lasting relationships with your colleagues. Another important part of your internship is building your network, so each intern will be allocated a buddy from our graduate cohort, and will also have the opportunity to attend networking and social events during your time here. 


Our Internship programme is a pipeline to our Graduate programme, so if you are successful during your time with us we may invite you to apply for one of our graduate positions commencing in 2025. 


What will you be doing? 


You will be working on your own projects, getting involved in team meetings, and encouraged to present your own views and ideas during your time here. Interns at M&G plc make valuable contributions to the teams they work in and will be involved in a variety of tasks dependant upon the hosting team.  If you are placed in the Investment business: 


  • You will learn about our business, by working alongside experienced professionals across various departments and asset classes. 
  • Where required, you will support projects, and will have the opportunity to meet and shadow people from across the investment business. 
  • You will learn what it takes to be an M&G investment professional and gain a better understanding of the key competencies required for a career in the industry. 


If you are placed in the GDP business: 


  • You will be working with the sales teams, including some client exposure and learning about how the sales process works in different channels. 
  • Working on product development initiatives as part of a team. 
  • Analysing the commercial benefits of strategic projects. 
  • Learning about our investment capabilities and client needs. 


Our application process: 


We will work with you during the recruitment process to align your strengths and preferences with our teams to find you the most suitable placement. To do this, we follow a four stage process: 


  1. Submit your CV Application  
  2. Complete our Online Assessments 
  3. Complete a Video Interview 
  4. Attend one of our Assessment Centres (virtual, and in-person available) 


Before the Assessment Centre Day, you will attend a candidate briefing session where we will cover what to expect on the day, and tips for success. On the day itself you will be able to speak to some of our Graduates to find out their experiences of M&G and how they found the transition to corporate life.  

Who are we looking for? 


We are looking for enthusiastic, creative thinkers and hands-on individuals from any subject matter background, with a desire to learn and who have a genuine interest in financial markets. Candidates who succeed with us are self-motivated, capable of building and maintaining relationships and work effectively as part of a team. 

Candidates must be  able to formulate their own opinions by thinking both analytically and critically about problems.  We don’t require specific degrees or grades because we know each background and experience brings its own skills and individual perspective to M&G. 


This programme will teach you the technical and professional skills you need to be successful in your career, as long as you are committed to investing the time in your own development.  


Minimum Requirements: 


  • Expected graduation date of 2025 (penultimate year student, or final year student intending to study a Masters degree)  
  • Available to start the programme on 24 June 2024.  
  • Right to Work in the UK – we are unable to provide sponsorship for our internship programmes. 


We live by four behaviours at M&G and we ask all our employees to: 


  • Inspire Others – Support and encourage each other, creating an environment where everyone can contribute and succeed 
  • Embrace Change  – Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas 
  • Deliver Results – Focus on outcomes, set high standards and deliver with energy and determination 
  • Keep it Simple – Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things 


We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality or disability we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. 

Apply Here