Pru Life UK announced an expansion of its strategic partnership with the ATRAM Group as part of its growth strategy to focus on its core business and fulfil the evolving needs of its growing customer base.Pru Life UK said that following the approval by the Bangko Sentral ng Pilipinas , the trust operations and entire fiduciary portfolio of Pru Life UK Asset Management and Trust Corp. would be transferred to ATRAM Trust Corp. in November 2023.
“PAMTC has grown its portfolio, offering a superior selection of funds for Filipinos who want to achieve their financial goals. With Pru Life UK and ATRAM’s shared goal of helping more Filipino families live wealthier, we look forward to ATRAM continuing the legacy of PAMTC,” said Pru Life UK president and CEO Eng Teng Wong.
“We want to assure PAMTC clients of a smooth transition. With a long and proven track record in asset management, ATRAM brings a robust investment process built on best practices with a focus on risk management. This ensures that your client portfolios are well managed and will deliver the expected performance on a consistent basis,” said ATRAM Group CEO Michael Ferrer.