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M&G pulls $13b of Prudential assets from Eastspring

Joe Marsh
M&G, which incorporates insurer Prudential's UK business, is repatriating Asian equity portfolios from Eastspring, part of Prudential's Asian business, as part of a strategic move.
M&G pulls $13b of Prudential assets from Eastspring

M&G, which incorporates insurer Prudential's UK business, is pulling some $13 billion of the British insurer's assets from Singapore-based Eastspring Investments and is understood to be handing them to M&G’s new Asian equities team to manage. 

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