Prudential Asia building ETF and factor exposure

As the pool of passively managed assets grows ever larger and fees steadily fall, insurance firms in Asia are increasingly starting to buy or are upping their exposure to exchange-traded funds (ETFs), index mandates and factor-type investments. Prudential Corporation Asia, for one, has been increasing its use of both traditional passive and multi-factor strategies as they have become more popular and liquid and therefore more attractive, said Stephan van Vliet, PCA's chief investm…