13 Oct 2020
CHICAGO (12 October 2020) - Eastspring Investments (“Eastspring”), the USD 220 billion1 Asian investment management arm of Prudential plc, today announced a partnership with Atlantic Zagros Financial Partners (AZFP) to expand its offshore distribution capabilities in the Americas.
AZFP is a leading independent financial services firm with a track record of successful international wealth management, fund distribution and marketing.
“We are very pleased to partner with Atlantic Zagros Financial Partners. This partnership will allow us to leverage the expertise, strong relationships and service reputation of AZFP to build a strong foothold in the important US Non Resident Client Offshore Market (NRC) for our Luxembourg SICAV range,” said Xavier Meyer, Head of Distribution at Eastspring.
This strategic partnership will strengthen Eastspring’s distribution network in the Americas and offer US offshore and Latin American investors access to investment solutions in Asia’s fast-growing markets.
Matthew J Appelstein, Head of the Americas at Eastspring commented: “With our investment teams’ deep understanding of Asian markets and unparalleled on-the-ground presence throughout the region, this partnership with AZFP complements our global capabilities and enables more investors in the Amercias to access Asian alpha opportunities and tap into our strong suite of innovative strategies.”
Craig S. Morong, Partner at AZFP said: “We are excited about partnering with Eastspring Investments in the offshore retail markets in the Americas. As one of the largest Asian based asset manager, they bring a brand of high-quality and innovative investment solutions to our clientele. The long tenure of their investment teams and their unrivalled footprint across Asia offers an on-the-ground approach that is a challenge for other firms to replicate.”
Footnotes
1 AUM as at 30 June 2020
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