Eastspring opens first ex-Asia office, in US
The funds arm of Prudential Corporation Asia has hired staff in the US to tap the $35 trillion asset management market there.
In a clear indicator of the rising investment flows between west and east, Eastspring Investments has set up a presence in the US across two offices. These are the firm's first outside Asia and the second in as many months after the opening of an Indonesia branch in May.
The recently rebranded asset management arm of Prudential Corporation Asia will focus on institutions such as endowments, foundations, pension plans, large family offices and, to a lesser extent, insurance firms. …
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