What ever happened to diversification, eh? The latest market wisdom is that global life assurance group Prudential (PRU) should ditch its UK operations: it makes better returns in Asia than in its domestic market. The question has been given further weight by the company's decision, alongside this week's interims, to merge its UK operations. Standard Life Aberdeen, meet M&G Prudential: the names are more functional than imaginative. Click here for more on the decision and on Prudential's decent first-half results.
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