Prudential sells Korean life insurance business to Mirae
Prudential has agreed to sell its life insurance subsidiary in Korea to Mirae Asset Life Insurance for KRW170bn (£119m, $148m, €134m).
Eastspring Investments
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PEOPLE MOVES: Old Mutual, Eastspring, BNP Paribas
Changes abound in Singapore with Old Mutual Global Investors creating a new managing director role, Eastspring Investments naming a new chief executive, and HSBC Bank appointing a head of retail banking and wealth management.
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Eastspring teams up with Vontobel to offer funds in Taiwan
Eastspring Investments has announced a distribution agreement with Vontobel to offer funds in Taiwan, giving the asset manager access to retail investors in the key financial hotspot.
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PEOPLE MOVES: Eastspring, Tokio Marine, J. Safra Sarasin
The pace of recruitment is continuing to chug along steadily, with senior changes announced by Eastspring Investments, Tokio Marine, J. Safra Sarasin, and Fiduciary Trust among others.
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Eastspring enters French market
Prudential’s Asian investment management arm, Eastspring Investments, has opened up a Luxembourg Ucits Sicav for distribution in France.
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Asia drives Prudential sales growth
Despite a challenging economic environment, Prudential ended 2015 with new business sales up 17%, helped by a 26% growth in its Asian operations.
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Eastspring hires industry veteran as Hong Kong CEO
Eastspring Investments, the investment management arm of Prudential, has appointed King Lun Au chief executive of Eastspring Investments Hong Kong.
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Study reveals lack of understanding of Shariah
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.
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Eastspring names Yang as head of insurance
Eastspring Investments has poached FWD Group’s Andy Yang for a new role of head of insurance relationship.
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eastspring launches a bond fund in malaysia
Eastspring Investments Malaysia has launched a three-year close-ended income fund that aims to capture the best yield opportunities in multiple fixed income assets.
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eastspring names chew singapore head
Eastspring Investments, the asset management arm of Prudential Corporation Asia, has appointment Jackie Chew as chief executive of its Singapore business.
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Eastspring names Hoon to head sales in Malaysia
Eastspring Investments, the asset management arm of Prudential in Asia, has named Yap Siok Hoon to oversee sales and marketing in Malaysia.