Prudential's Eastspring completes Thanachart Fund acquisition


Eastspring Investments (Eastspring), the Asian asset management business of life insurer Prudential (Prudential), has completed its acquisition of 50.1 percent of Thanachart Fund Management Co. (Thanachart Fund) from Thanachart Bank Public Company (TBANK) and Government Savings Bank (GSB). The firm will be rebranded to Thanachart Fund Eastspring, reflecting the combined strength of both companies.

Prudential, Eastspring Investments, Thanachart Fund Management Co., Insurance, Reinsurance, Mergers & Acquisitions, Nic Nicandrou, Asia Pacific

Intelligent Insurer