23 Mar 2020
As we continue to deal with the COVID-19 pandemic, ensuring the well-being of colleagues, clients and business partners is of paramount importance. Alongside this, we have put in place measures to ensure there is minimal interruption to normal business activities so that we can continue to meet our fiduciary responsibilities to our clients and to deliver on our shared purpose as Experts in Asia. Invested in Your Future.
As an Asia-based asset management company with offices in 11 markets, we are not just focused on investing, but we are also ‘Invested in’ – and that means the future of everyone: our clients, our colleagues, our partners, our shareholders and our community. We leverage our strong network and local knowledge to support our investment decisions and now, in this crisis, we are leveraging this network to support each other: whether it is sending masks to our colleagues in countries with a shortage, backing up each other in our business operations, or sharing our experiences and best practices to weather this extraordinary time.
Our Business Continuity teams and senior management monitor and assess the situation on a daily basis and implement appropriate measures as it evolves. We also follow all local government guidance and restrictions and have regularly conducted tests to ensure we are operationally-ready.
Measures implemented to date include split team working across the majority of our offices, in accordance with strict protocols; quarantine policies; restricting travel and face-to-face meetings. Business-critical functions have access to an alternate working site and, across the firm, we ensure that critical tasks are appropriately covered in our split-team working arrangements. We also have a strong emphasis on a team-based approach to investing and the consistent application of the investment philosophy and process across all strategies. This ensures continuity of process and philosophy in the event of a key individual being unavailable.
Apart from the change to our physical working arrangements, all other business requirements and practices remain the same and we will continue to provide high-level investment services. We have secure remote access to our systems so that we can continue to communicate without interruption.
Throughout these unprecedented times, we are committed to supporting our people, our community, and investing our clients’ assets responsibly and for the long-term. Our Investment professionals have been assessing the impact of COVID-19. Please take a look at our latest insights to find out more.
Eastspring is 25 years old and our parent company, Prudential, marks its 172 year anniversary this year. Over our history, we have weathered the many ups and downs of the markets. Let’s move forward together with kindness, consideration, and a sense of community that we can be proud of. We will get through this!
Chief Executive Officer, Eastspring Investments
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