Prudential Has Itchy Trigger Finger for Emerging Markets

Prudential Financial Inc., the insurer that manages more than $1 trillion of investments, is set to commit more funds to emerging markets after the sector’s main index slumped and developed-country stocks rallied.

“I’ve got that itchy trigger finger,” Ed Keon, a managing director and investment manager at Prudential’s Quantitative Management Associates, said today in New York. “I wouldn’t be shocked if our next move in emerging markets was to be a buyer before this year is out.”