Pru enters China

Prumerica and Everbright receive approval to establish a fund management JV in China.

Everbright Securities and Prumerica Financial have announced that they have received approval from the China Securities Regulatory Commission CSRC to establish a joint venture fund management company in the People's Republic of China PRC.

Everbright Securities is a member of the China Everbright Group, one of China's leading financial services groups, while Prumerica is the brand name used in China and selected markets outside the United States by Prudential Financial.  Prumerica Financial will invest in the...

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