Prudential Asset Management has launched its first four retail sub-funds, managed by Prudential's wholly owned subsidiary M&G Investment Management, into Hong Kong's retail funds markets.
The Hong Kong launch follows the sub-funds’ previous introduction to retail investors in Singapore, Korea, Japan, Taiwan and Malaysia. The four sub-funds launched by Prudential are M&G Global Basics Fund, M&G Global Leaders Fund, M&G Pan European Fund and M&G American Fund.
Guy Strapp, regional head of investment management in Asia and CEO of Prudential Asset Management, said: We are launching our retail presence in Hong Kong by introducing some of our core funds to the market. These funds have a history of consistent performance and will provide Hong Kong investors with access to global equity markets to help diversify investment portfolios.