Guy Strapp, due to take the reins on August 1 as Graham Mason steps down, is eyeing opportunities in global emerging markets and EM debt, but must rebuild in institutional sales.
Tag : prudential
The funds arm of Prudential Corporation Asia has hired staff in the US to tap the $35 trillion asset management market there.
While sympathetic to concerns over swaps-based ETFs, Kelvin Blacklock of Eastspring says fear of complexity is more to blame and explains why synthetics can sometimes work better than cash-based funds.
Eastspring Investments, formerly Prudential Asset Management, looks to become an institutional asset manager, both for Asian and Western capital.
The UK insurer's Asian asset allocation team is eyeing European and US real estate for the first time and tentatively looking at boosting its alternatives exposure outside property.
Prudential renames its Asian operations 'Eastspring', but promises that nothing really changes except the name. No spin-out plans are mentioned.
Legal & General Investment Management and M&G Investments are at different stages of the process of expanding into the region.
Dean Winterton will join Prudential Corporation’s funds arm as Asia head of institutional business from AMP Capital, succeeding Paul Hancock.
The fund-management giant sees its Asia-Pacific heads of both institutional business and investment marketing, respectively, quit for pastures new.
Prudential Asset Management could be one of the next firms to benefit, having recently designated a chief executive for the branch it is hoping to set up in Jakarta.
The UK asset manager launched a Europe, Middle East and Africa fund in November last year, but is still steering clear of Gulf economies, says investment director Fedra Dell’Aquila.
Beonca Yip moves from Lyxor Asset Management to become Prudential AM's regional sales head, while Sophina Hui joins Schroders from Amundi AM.