Let’s just hope they don’t practice this here. Though USD 600 million is nothing but a footnote in their bottomline, it’s still investor’s interest we are talking about here…
Business Times on the rebranded Prudential Fund Management Bhd…
PRUDENTIAL Unit Trust Bhd is now called Prudential Fund Management Bhd, as it seeks to build up its team to help make Malaysia a centre of Islamic fund management for the group in Asia.The firm is part of the UK-based Prudential plc.
It is talking to the authorities to bring the two fund management teams, which are spread between Prudential Assurance Malaysia Bhd and Prudential Fund Management, under one roof to create the larger scale needed.
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