Britain's Prudential Asset Management plans to build an offshore product range for its retail mutual fund investors around the Asia Pacific, says Ajay Srinivasan, managing director of fund management in Hong Kong.
Unlike many foreign names which set up hubs to provide offshore products before dipping a toe into domestic waters, Prudential fancies itself a domestic player across the region that is now looking to provide international exposure to retail clients.
The firm has just established a division in Singapore to coordinate this effort led by Suraj Mishra, who previously led the regional product development team. The work involves selecting what funds from Prudential's UK affiliate fund house MNG to provide...
