FTSE debutant M&G still in shadow of glitzier Prudential
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LONDON (Reuters) - Shares in UK and Europe-focused asset manager and insurer M&G fell slightly on its first day of trading after being demerged from Asia-focused Prudential , which soared to the top of Britain's top share index.Faced with tougher European capital and solvency rules after the financial crisis, many insurers have looked to simplify their operations by breaking up, among them Standard Life Aberdeen and Old Mutual .The Prudential split, which gives investors shares in both..