M&G Prudential saw external net inflows shrink to £3.5bn in the first six months of 2018, compared to £7.2bn for the same period last year, while the group said its demerger from parent firm Prudential is "progressing well".
The group reported assets under management for the overall M&G Prudential business fell to £341.9bn, £9bn lower than at the end of 2017, mainly as a result of the £12bn of annuity liabilities reinsured...
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