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Prudential Plans Divestment & IPO of India ICICI Prudential Asset Management with $47 Billion AUM to Raise $1 Billion, Prudential Owns 49% & ICICI Bank Owns 51%, Founded in 1998 as Joint Venture Between ICICI & Prudential
13th February 2025 | Hong Kong
Prudential is planning for divestment & IPO of India ICICI Prudential Asset Management ($47 billion AUM) to raise $1 billion. Prudential owns 49% of ICICI Prudential Asset Management and ICICI Bank owns 51%. ICICI Prudential Asset Management was founded in 1998 as a joint venture between ICICI & Prudential.
“ Prudential Plans Divestment & IPO of India ICICI Prudential Asset Management with $47 Billion AUM to Raise $1 Billion, Prudential Owns 49% & ICICI Bank Owns 51%, Founded in 1998 as Joint Venture Between ICICI & Prudential “
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ICICI Prudential Asset Management Company is one of India’s premiere fund houses focused on bridging the gap between savings & investments. We strive to create long term wealth and value for our investors through our range of simple and relevant investment solutions. Founded in 1993 as ICICI Asset Management Company, the joint venture between ICICI Bank, a well-known, trusted name in financial services in India and Prudential Plc, one of UK’s largest players in the financial services sector, established ICICI Prudential Asset Management Company in the year 1998. Over the last two decades, we have focused on transforming the financial landscape in the country through product innovation and consistent, sustained risk adjusted performance. Today, we are an ideal mix of investment expertise, resource bandwidth & process orientation.
Prudential Plans Divestment & IPO of India ICICI Prudential Asset Management with $47 Billion AUM to Raise $1 Billion, Prudential Owns 49% & ICICI Bank Owns 51%, Founded in 1998 as Joint Venture Between ICICI & Prudential
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