Prudential has launched Managed Defensive, a medium-risk asset allocation fund, into its underlying ...
Prudential has launched Managed Defensive, a medium-risk asset allocation fund, into its underlying range for unit-linked bond investors. The fund, which will be available within the Prudential Flexible Investment Plan, enables the group to offer products in each of the ABI's managed fund sectors. It is listed in ABI defensive managed and sits alongside the group's Strategic Growth, Managed and Cautious UK Managed portfolios. Defensive Managed, run by Matthew Williams, is a fettered fund of funds featuring a mix of property, gilts, equities, corporate bonds, cash and high yield. Exposure...
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