Pru launches range of risk-managed portfolios

The group has launched four portfolios with varying degrees of exposure to real assets which will sit alongside the existing PruFund Cautious and PurFund Growth portfolios within the multi-billion pound Pru Fund. The funds consist of the PruFund 0-30, which will have between 0 and 30% in real assets such as equities and property, as well as the PruFund 10-40, PruFund 20-55, and the PruFund 40-80 which all have higher exposure to risk assets. Equity exposure will be spread geographically across the world, with as much as 18% in the UK in the highest risk fund at launch, and similar wei...