Archive · 12 Jan 2026
Prudential Financial Considers Selling Indian Asset Unit
Prudential Financial, a big American company, is thinking about selling its asset management business in India.
They bought this business from Deutsche Bank ten years ago.
The Indian unit isn't growing much and has been losing money.
Prudential has asked a company called EY to help them with this possible sale.
Other companies like BlackRock are doing well in India, but Prudential's Indian business isn't doing as good.
They had big losses last year and even got a new boss.
They manage a lot of money worldwide, but their Indian part isn't doing well.
Prudential Financial's PGIM is considering selling its Indian asset management unit.
The unit manages around 266 billion rupees ($3 billion) in assets.
PGIM hired EY to advise on the potential sale.
The unit has seen little growth and reported losses of 235 million rupees in 2025.
PGIM acquired the Indian business from Deutsche Bank in 2015.
- Who
- Prudential Financial Inc.'s investment management arm, PGIM Inc.
- What
- Considering selling its loss-making asset management unit in India
- When
- After acquiring the business from Deutsche Bank AG in 2015
- Where
- India
- Why
- Due to little meaningful expansion and increasing losses
- Company
- Prudential Financial Inc.
- Unit for Sale
- PGIM India Asset Management Pvt Ltd.
- Assets Under Management
- 266 billion rupees ($3 billion)
- Advisor
- EY
- Acquisition Year
- 2015
- Losses (2025)
- 235 million rupees
- Global AUM
- $1.5 trillion
