11 Mar 2024
SINGAPORE (11 March 2024) - Eastspring Investments (“Eastspring”), the USD216 billion1 asset management business of Prudential plc, today shared their win at the LSEG Lipper Fund Awards Europe 2024 for “Best Fund over 3 Years” in the Equity Asia Pacific ex Japan category.
“Eastspring has a well-resourced Quantitative Strategies (QS) team managing low-vol, beta and multi-factor strategies, and Asian Low Volatility Equity (ALVE) is a flagship strategy managed by our QS team,” said Ben Dunn, Head of Quantitative Strategies, Eastspring Investments. “We are very proud to be recognised by LSEG Lipper and to have received this industry-leading award."
Eastspring boasts one of Asia's best resourced and experienced QS teams, and collectively the team manages a sizeable AUM across a diverse range of strategies. The investment style of the ALVE fund is defensive, emphasising less volatile, high-quality, fairly valued stocks with attractive dividends and strong diversification. The strategy aims to achieve consistent, robust performance over complete market cycles, outperforming or matching the broad equity market while maintaining significantly reduced volatility.
“The 2024 LSEG Lipper Fund Awards are recognising perhaps the most dramatic three-year period that the markets have seen in decades. Fund managers being recognised have steered their investors through a pandemic, a mild recession, a war, skyrocketing inflation and dramatic central bank intervention. Whether you’ve been investing for just the past 15 years and have seen only the easy money environment following the Financial Crisis – or you’ve been an investor for 50 years and feel as if you’ve seen it all, there is no way to have foreseen the range of fundamental and non-financial factors that impacted the markets these past few years. We applaud the 2024 LSEG Lipper Fund Award winners such as Eastspring Investments for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global market disruptions,” said Robert Jenkins, Global Head of Research, Investment & Wealth LSEG Lipper.
For over 30 years, LSEG Lipper Awards has been a respected platform for funds and fund management firms that have provided consistently strong risk-adjusted performance relative to their peers. The merit of the winners is based entirely on objective, quantitative criteria.
1As of 30 Sep 2023.
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