Prudential 'on track to achieve remaining objectives' by year end

In the interim results out today Prudential chief executive Tidjane Thiam (pictured) said his company was going to meet its six benchmarks by the end of 2013. The benchmarks were designed to show the business can grow in emerging markets at the same time as achieving cash generation in all regions. They were drawn up to appease investors following Prudential's botched attempt at taking over AIA from competitor AIG, which eventually landed the company a £153m break fee and regulatory fines of £30m.  Thiam said: "In 2010, we set ourselves six challenging 'Growth and Cash' objectives ...