US fund house PGIM is set to roll out "multiple" launches from across its suite of investment managers as part of its UK and European growth plans, with the firm anticipating its multi-asset offering will have appeal in the intermediary market.
Prudential Financial's asset management arm launched its UCITS platform in 2013, initially in response to institutional client demand in Europe, and then in 2015 the firm began to broaden its offering from primarily fixed income funds to include its other affiliates such as Jennison Associates. Currently one of the world's largest asset managers with $1.2trn in assets under management (AUM), including 11 UCITS funds with over $100m AUM and 24 funds registered in the UK, the firm has relocated head of PGIM Investments International Kimberly LaPointe to its London office to spearhead its n...
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