Financial PerformanceA disappointingly high proportion of funds are underperforming their benchmarks.
Investor ConfidenceGiven the substantial derating of the shares over the past 18 months (despite numerous growth surprises), and now a disappointing trading update, investors are more concerned with worst-case scenarios than upside potential.
Sales And GrowthIn Prudential's 1Q 2024 trading update, the group's Indonesian franchise reported that Annual Premium Equivalent (APE) on sales had fallen by -10%.