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Aviva (but not yet HSBC) sensibly moving on from the French

By Chris Bailey | Tuesday 23 February 2021


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


One of my biggest positions over the last ten or eleven months has been the insurance company Aviva (AV.). I first bought the stock because I thought it was cheap but in August I realised that my main business rationale was now that its new CEO Amanda Blanc smartly was focusing on simplifying the business. Since then there have been some Asian sales but today’s announcement that it is exiting its French business is a very helpful step..

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