US asset manager Pramerica Investment Management has launched a UCITS platform in a bid to expand its fund range to UK and European investors.
The group, which has $947bn in assets under management, is also rebranding as PGIM from 4 January. It currently operates in 16 countries, offering a range of products including fixed income, real estate debt and equities, and has several multi-manager models. It has launched the UCITS platform to build upon the fixed income funds it currently offers in the UK. East meets West: Asset manager tie-ups move global CEO David Hunt (pictured) said: "Our clients expect investment managers to simultaneously find the best investment opportunities around the world, while upholding the most ...
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