Prudential: Very Reasonably Priced Play On Asian Growth

News Snapshot:

John Li Today's version of insurer Prudential plc (NYSE:PUK) is all about Asia ( >90% of income) and, to a lesser extent, Africa following a series of spinoffs that effectively de-merged its UK (M&G plc (OTCPK:MGPUF)) and US (Jackson Financial (JXN)) operations. This makes Prudential an interesting play on growth in China and emerging Asia - regions with tremendous growth as their populations mature and move up the income ladder over time. Backed by a best-in-class distribution network throughout Asia and a multi-channel strategy that has seen it penetrate everything from bank branches to digital apps (via health and wellness...