The insurer's CIO outlines how the firm is positioned after initially losing one-fifth of its assets during the pandemic. Jakarta’s lockdown and the tech share sell-off will test that strategy.
M&G, which incorporates insurer Prudential's UK business, is repatriating Asian equity portfolios from Eastspring, part of Prudential's Asian business, as part of a strategic move.
Having shrunk its active equity and alternative investment teams, the asset management arm of Prudential Corporation Asia is increasing its focus on passive strategies.
The Islamic insurers’ need to preserve liquidity could leave them well placed to buy equities, once Malaysia finally emerges from the coronavirus pandemic.
The insurance firm is handing more autonomy to its individual country CIOs and seconding its regional CIO to Eastspring in Singapore, as the changes continue at UK group Prudential.
The asset management arm of Prudential Corporation Asia is ringing more changes at the top, including restructuring its investment department, amid ongoing talk of a potential sale.