PRUDENTIAL Unit Trusts Bhd plans to launch two new funds of about RM500mil in size this year, said chief executive officer Mark Toh Chin Hian.
“We are in the midst of developing several products. One of our new funds is awaiting the Securities Commission's approval and we plan to introduce it in the first quarter. We also plan to launch another fund in the second half of this year,” he said in Kuala Lumpur yesterday.
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