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...
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
Prudential is rebranding its Asia asset management business as Eastspring Investments as it plans to expand in Asia and enter the US market.
Equity investors are not yet out of the woods and should look for sources of return from other than price movements, says Prudential Asset Management.