Utilities fund targets South Korea

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SOUTH KOREA - Prudential Investment & Securities Co. Ltd (PISC) is to launch a utilities fund for institutional and private investors in the South Korean market, sub-advised by ANB AMRO.

Available from today, the Prudential Power Utilities Equity Fund (PPUEF) will invest in the global utilities sector. The fund, the first of its kind to be introduced in Korea based on Korean Fun...

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