Prudential has confirmed it plans to spin-out its UK investment and savings arm, allowing the parent company to focus on its business in Asia, where it generates most of its profits.

Prudential has confirmed it plans to spin-out its UK investment and savings arm, allowing the parent company to focus on its business in Asia, where it generates most of its profits.
Prudential pinches from OCBC; Bordier & Cie loses; Capital Group hires; OMGI likes gold; AB calls China straight; BMO and passives; Euro debt; Stan Chartered’s charges and much more.
Changes at Prudential and OMGI; J.P. Morgan’s charts; football transfers and crashes; galloping equity markets; Olympic silliness; no alternatives; advertising from HSBC and much more.
Spy has been out with his magnifying glass pounding the streets and eavesdropping on gossip in cafés, but the summer lull has arrived and the world of Asian asset management is getting a little siesta time. Nonetheless, Spy has unearthed a few juicy tidbits on the jobs merry-go-round. Whilst savouring a fine Laphroaig (10-year-old vintage), Spy heard that Heidi […]
M&G Investments, a subsidiary of UKs Prudential, has received a license from Hong Kongs capital market regulator to expand its marketing activities to professional investors.
Part of the Mark Allen Group.