Independent reviewers AKG have completed an assessment of Prudential's multi-asset PruFund range and found a "strong track record" of performance against its benchmarks.
AKG's assessment covered the fund range's risk management approach and the associated governance structures and processes that underpin the delivery of the with-profit funds. The report concluded the PruFund Growth and PruFund Cautious funds had "displayed strong tracks records" in terms of performance against their stated objectives and delivered expected growth rates. The report also found the advisers who use Pru's fund range were quickly able to see which part of the investment process was outsourced to Prudential Portfolio Management Group (PPMG) and which responsibilities remain...
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