Prudent targets $500m in Asia credit fund

Tue Jun 1, 2010

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Prudent Asia Capital Management, a Singapore-based firm founded last year by a quartet of investment bankers, has launched an Asian balanced fund primarily focused on liquid credit, at a time when investors are showing signs of confidence in the region's credit markets. The fund will target assets of $500 million.

Prudent Asia Balanced Fund will hold up to 90% of its assets in Asian credit,...

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