A "de-risking" strategy for Prudential's with-profits life fund means it is "comfortable" during current market volatility.
Portfolio manager Martin Brookes said the process started over a year ago with a sell-off in UK commercial property and had increased in recent months. In the second quarter it sold £900m Asian...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here