Prudential Investment & Securities Co., Ltd. introduces new product ‘Prudential Euro Equity Fund’
“Prudential Euro Equity Fund” is managed by Prudential Asset Management Co., Ltd. (PAMC) and Eurozone equity investment is sub-advised to BPU Pramerica SGR S.p.A.* with expertise in Eurozone and good track record in the European markets. BPU Pramerica SGR is the Italian joint venture between Prudential Financial, PISC’s parent company in the United States, and Gruppo BPU Banca, a leading Italian banking group with a strong, local and regional reputation. Prudential is also an asset manager with good track record in Eurozone. BPU Pramerica Euro Equity Fund of BPU Pramerica has won a number of awards including Lipper Fund Awards: First Place in Euro Equity Zone over a three years time period.
“Prudential Euro Equity Fund” offers Korean investors an opportunity to invest in advanced European markets with solid consumer spending and growing earnings. Eurozone has emerged as a driver of global economic growth backed by rising business and household spending sentiment and dynamic growth of consumer goods spending. Broad-based robust M&A activities are expected to reinvigorate equity markets.
“Prudential Euro Equity Fund” invests about 90 percent of the assets in Eurozone equity. Regular Savings Plan (RSP) investment is possible and the product does not have minimum investment amount. The fund is offered in two types, with and without currency hedge within the fund, to give more choices to clients. Clients can switch from one type to the other without any additional fee.
“Prudential Euro Equity Fund is one of the series of onshore non-Korean asset class funds to help Korean clients make investments. The product has been developed to offer Korean investors an opportunity to diversify emerging market-oriented portfolios by investing in advanced European equity markets,” said Lee Chang-hoon, CEO of PAMC.
Company Descriptions:
Prudential Investment & Securities Co., Ltd. (PISC) currently has a nationwide network of over 70 branches and provides various financial services and investment advice to help customers achieve their financial goals. Prudential Asset Management Co.,Ltd., (PAMC) an affiliate of PISC, is one of the biggest asset managers in Korea with approximately 9.5 trillion won of assets under management (including Discretionary Investment Management) as of December 31, 2006.(For more information, please visit www.pru.co.kr, Call center: 1588-4588)
*Pramerica and Pramerica Financial are tradenames used by Prudential Financial, Inc., a company incorporated and with its principal place of business in the United States, and its affiliates in select countries outside the United States. Pramerica and Pramerica Financial are not affiliated with Prudential plc, a company incorporated in the United Kingdom.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $616 billion of assets under management as of December 31, 2006, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.(For more information, please visit www.prudential.com)
웹사이트: http://www.prucyber.com
연락처
Jae-Hwan Lee 822-3770-7373
Kyun-Jang Lee 822-3770-7577
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2008년 7월 21일 10:52
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2008년 5월 20일 10:00