UK insurer Prudential’s Asian funds business has shrunk headcount as part of a business review, citing a challenging environment. The layoffs include four investment professionals.
Speculation is swirling about Prudential's plans for its Asian asset management arm after it parted ways with three top executives. AsianInvestor outlines various potential outcomes.
The chief executive, chief financial officer and chief operating officer are moving on, and the fund house’s choice of new CEO is seen as surprising.
Banks in Southeast Asia are selling their asset management arms as risk management costs rise and clients seek more adventurous products, drawing interest from Western insurers.
After last week's stunning election upset in Malaysia, we asked five experts on what the new government's policy priorities are likely to be and whether it will stay foreign-investor-friendly.
The fund house has hired a former Robeco executive as general manager for its new wholly foreign-owned enterprise in Shanghai and will apply for a private fund management licence.