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Prudential jumps on bandwagon to tap Filipino wealth

Kenan Machado
Prudential is launching its own asset management unit in the Philippines, initially selling funds managed by Eastspring Investments.
Prudential jumps on bandwagon to tap Filipino wealth

A unit of UK-headquartered Prudential will launch an asset management company in the Philippines in the fourth quarter as the insurance giant becomes the latest international firm to try and tap the country’s burgeoning wealthy population and build its local presence outside of traditional life insurance.

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