Prudential Plc Shuts $12 Billion Curian Fund Manager in U.S.
This article is for subscribers only.
Prudential Plc, the U.K.’s biggest insurer by market value, is winding down the Curian Capital asset-management operation in the U.S. after a review of its business.
Curian will stop accepting new accounts July 31 and expects to exit the business around the end of March, the Denver-based company said Thursday in a statement.