Eastspring cuts staff, shifts strategy amid headwinds
Having shrunk its active equity and alternative investment teams, the asset management arm of Prudential Corporation Asia is increasing its focus on passive strategies.
Eastspring Investments, the asset management arm of insurer Prudential Corporation Asia (PCA), has overhauled its investment strategy in the face of major headwinds, resulting in further restructuring and more layoffs in the past month or so.
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