M&G beats half-year profit forecasts on Daiichi Life inflows

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British insurer and money manager M&G beat half-year profit expectations on Thursday, forecasting low double-digit annual profit growth despite market volatility from the Iran war. Strong client inflows from its Japanese partner Daiichi Life cushioned the impact of the market turbulence, helping the company exceed forecasts for the period. The results were reported by Reuters on Sept 3, with the company's outlook suggesting resilience amid geopolitical uncertainty affecting global financial markets.


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