Why Prudential is prioritising private assets and ESG

Prudential Corporation Asia (PCA) is likely to gradually increase its allocation to alternatives such as private equity, private credit and infrastructure, and is particularly keen to pinpoint such investments in Asia, its chief investment officer has revealed. It has also begun demanding that the external asset managers it hires embody environmental, social and governance (ESG) standards.    Speaking to AsianInvestor after PCA was last month named best insurance company in our …