daveh wrote:I commented on the HYP MNG post that I was thinking of selling my PRU holding and transferring it into MNG, as the PRU is now yielding less than 2% with the divi cut. The one worry about doing that is that I'd be moving from a company that is focussing on the quickly growing Asian and African markets and focusing further on the UK.
I do not hold either the Pru or M & G and have no interest in either but I do not think I would be moving out of Pru into M & G. You have identified at least one problem which is that M & G is very UK focused and there are better fund managers around in that market. Secondly, Pru is now almost entirely Asia based which is surely where you want to be invested. Chasing yield, especially UK based yield, is never a very good idea.
Dod