Eastspring Investments (Eastspring), the Asian asset management business of Prudential Plc, has finalised the acquisition of 65 per cent of TMB Asset Management Co Ltd (TMBAM) from TMB Bank Plc. This acquisition allows Eastspring to expand its footprint in one of the fastest growing Asian markets, the company’s chief executive Guy Strapp said.

Eastspring Investments, the Asian asset management business of Prudential plc, has reached an agreement to initially acquire 65 per cent of TMB Asset Management Co, Ltd, an asset management company in Thailand, from TMB Bank Public Company Limited.