Boston, MA 09/18/2014 (wallstreetpr) – According to reports, Prudential Investments of Prudential Financial Inc (NYSE:PRU) has launched Prudential Jennison Emerging Markets Equity Fund. The best part about this fund is that it focuses on long-term growth and risk diversification by investing the pool of funds in different promising companies located around the globe. The fund has a sole objective of adding extraordinary growth prospects and diversifying the market risk associated with the fund. The objective is to be fulfilled under the guidance of experienced world-class portfolio managers.
Insights about the fund:
Global Equity team of Jennison Associates will be sub-advising the fund in coming months. It has already gained a lot of expertise in emerging markets investment through implementing global and international equity strategies. Some of the faces that will work as the portfolio managers for this fund are Albert Kwok (Managing Director), Mark Baribeau (Head and Managing Director of global equity) and Sara Moreno (Managing Director). Collectively they have over twenty-one year of investment and portfolio management experience behind them.
According to Stuart Parker, President of Prudential Financial Inc (NYSE:PRU), all the portfolio managers look to work from the bottom up. They use various fundamental research tools and techniques to identify 50-60 different convictional securities in order to generate a good rate of return without taking much risk. Emerging economies have a good growth potential; hence, it can be an exciting opportunity to make an investment in a concentrated portfolio of companies that are located in these emerging countries.
The main focus of this fund is to identify the companies that are located in different emerging markets and are on their inflation point. Although the source of all the companies will vary but one thing is sure that It will use advanced technology to identify such companies from all around the world. The fund will focus on companies rather than countries.
