Prudential (FY Results): bumper buybacks
Prudential reported full-year annual premium equal (APE) gross sales of $6.7bn, up 6% ignoring foreign money strikes, and underlying working revenue was up 5% to $3.3bn ($3.3bn anticipated). New enterprise revenue rose 12% to $2.8bn, pushed by larger volumes and bettering margins. The asset administration enterprise, Eastspring, noticed funds beneath administration rise 8% for the…