EASTSPRING Investments, a subsidiary of Prudential plc, has set its sights on an ambitious target to more than double its assets under management to US$500 billion by 2024. Seck Wai Kwong, Eastspring chief executive, acknowledged that the target - referred to internally as "five by four" - is a "very audacious goal". The firm managed around US$216 billion at end-June 2019.
"We have a footprint in 11 countries in Asia," he said. "We have a strong competitive advantage. We're regional but we also have...
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