PGIM Real Estate, Prudential Financial’s $69bn real estate business, has promoted Greg Kane promoted to head of European Investment Research. In his new role, he will be responsible for leading the European Research team in supporting the portfolio, asset management, acquisitions and marketing efforts of the regional and global businesses. He also becomes a member […]
UK’s biggest insurance firm Prudential, which currently manages £669bn in assets, has announced a demerger of M&G Prudential and Prudential plc, resulting in the creation of two separate listed companies. M&G Prudential will become a standalone entity covering the UK and European market, it will continue to be led by its chief executive John Foley. […]
Singapore-headquartered Eastspring Investments has appointed Virginie Maisonneuve (pictured) as chief investment officer, effective as from 11 January 2017. Reporting to chief executive Guy Strapp, Maisonneuve will be responsible for managing all investments at the firm, including the firm’s equity, fixed income, asset allocation, private equity, infrastructure and onshore investment offerings. Previously, Maisonneuve has been managing director […]
Prudential’s Asian investment branch, Eastspring Investments, has appointed Phil Stockwell as chief executive officer of its Singapore business as from 1 September 2016. He will report to Eastspring Investments chief executive, Guy Strapp and will be responsible for the operations of the Singapore office which, being the largest of Eastspring’s 10 Asia offices, serves as the asset manager’s central […]
British wealth manager Rowan Dartington has appointed John Betteridge to the position of chief investment officer. Betteridge joined the company last year as non-executive director and chairman of the asset allocation committee from Prudential UK, where he was CIO for the group’s £150bn insurance division. In his newly created role, he will be overseeing the […]
Eastspring Investments, the Asian investment management arm of Prudential has announced the appointment of four new members to its equity team in order to deepen the analytical resources across a number of investment strategies. Bonnie Chan joins the equity team as a portfolio manager for the Asian Infrastructure Fund. She is a member of the […]
Eastspring Investments, the Asian investment management arm of Prudential PLC, has appointed Stephanie Wenzel to the newly created position of Client Services Manager in London. The hire aims to support the continued growth of the European business, and to enhance its client service capabilities. She was previously part of the team responsible for Investor Services and […]
Following the UK government pledge to introduce a new withholding tax exemption for private placements, six asset management firms have committed to a total of £9bn (€11.4bn) in UK infrastructure investments. Private placements is the sale of long-term non-bank securities, which applies particularly to agreements between institutional investors and mid-sized businesses and infrastructure projects. Under […]
Eastspring Investments, the Asia asset management arm of Prudential plc, has announced that assets under management on its Luxembourg Sicav platform rose 4% in Q1 2014 to reach $19.3bn, as attractive Asia stock and bond valuations appealed to UK and European investors looking for diversified sources of return.
A large opportunity is opening up for asset managers to offer long-term savings funds into emerging Asian markets as the traditional model of families or the State supporting retirees looks set to break down in just one generation.
Prudential is proposing to merge three UK unit trusts into M&G funds run by Graham French, Alex Odd, and Matthew Vaight & Michael Godfrey in the latest review of its product range.
The prospects for Spain’s fund management industry are poised between a punishing downturn or a reasonably strong rally, according to M&G’s Ignacio Rodriguez