Finance and Capital Management
Sources of earnings
With-Profits / PruFund
Savings & Asset Management
PruFund AuMA (£bn)
Adjusted Operating Profit (£m)¹
H1 18
H1 19
Inflow
6.0
5.5
Outflow
(1.6)
(2.0)
Net
4.4
3.5
3.1
49.6
3.5
43.0
FY 2018 Net client Market & H1 2019
flow
Other
32
(9)
23
36
(7)
H1 2018
H1 2019
1. Shareholder Transfer includes PruFund and a small amount of Pru Fund predecessor unitised With-Profits contracts; 2. Not annualised
29
Key Developments
•
AUMA up 15% over first six
months of 2019
• Net inflows 8%² of opening
AuMA
•
Gross inflows remain
strong at £5.5bn, though
slightly lower YoY due to
lower DB transfer activity
Gross outflows continue to
increase moderately as
expected, as book matures
Adjusted Operating Profit up
26% with shareholder transfers
continuing to grow
35View entire presentation