Eastspring Investments, the Asia asset management arm of Prudential, has opened a UK office aimed at targeting Asia investment expertise to prospective UK and European investors.
Category: News
Threadneedle Peta in praise of RM corporate debt
Threadneedle Investments is seeing greater investment potential in emerging market corporate debt than in its developed market counterpart, according to John Peta, head of global emerging markets fixed income strategies at the company.
Baring HK China fund penalised for size
Morningstar OBSR has downgraded the Baring Hong Kong China Fund from a bronze to a neutral rating because it believes the execution of the investment process is hampered by the fund’s size of $2.3bn.
Underperforming Kwan handed 3rd fund at Fidelity
Fidelity Worldwide Investment has given portfolio manager Polly Kwan an Asian income mandate to run, which is looking to pay investors a yield of approximately 3.4%.
Fidelity’s Sanjeev Shah stays but ditches special situations
Sanjeev Shah is to take on a role at Fidelity’s portfolio manager academy after deciding he no longer wants to give 110% in a fund manager role which requires such a level of intensity.
Fidelity South East Asia duties split
Fidelity’s Allan Lui is to focus on running the company’s Luxembourg-domiciled Sicav version of Fidelity South East Asia, leaving management of the UK-domiciled Oeic to Teera Chanpongsang.
Value Partners HK mandate for Asia Pacific fund
Value Partners Hong Kong has received the mandate for managing the investments of US-registered closed-end Asia Pacific Fund from 1 October.
Aberdeen raises thb400m through Japan fund
Aberdeen Asset Management Company has raised about THB400 mn through Aberdeen Japan Opportunities Fund that was open for initial subscription from 14-26 August, with majority of investors being high net worth individuals.
Aberdeen plans to swap All Asia for Japan
Aberdeen is proposing to change the mandate on its Aberdeen All Asia investment trust to focus exclusively on Japan.
Threadneedle builds up Asian equities team
Threadneedle Investments has appointed Soo Nam Ng as head of Asian equities (Asia), along with four additional prominent hires.
