Former Investec Asset Management head of UK retail Charlie Wilson has joined Pramerica Investment Management in its London office as the firm looks to expand into the UK.
Pramerica, a $947bn (£622bn) investment manager owned by US insurance giant Prudential Financial, is to rebrand its operations outside of the US to PGIM on January 4 2016, it announced last month. The firm said this would coincide with a global expansion.
At the time of the rebrand announcement, chief executive David Hunt said: “The PGIM name represents our scale and our conviction to deliver time-tested, long-term solutions and outcomes for institutional and retail investors.”
Source: FT Adviser. Read full article here.