Prudential plc appoints chief economist
Prudential plc announced that Eastspring Investments , its asset management arm, has appointed Ray Farris as Chief Economist. In this newly created role, Mr. Farris will drive economic analysis and insights for both Prudential and Eastspring.
As Prudential’s first Chief Economist, Ray will provide macroeconomic views and research in alignment with an evolving global economic and geopolitical landscape. His expertise and perspective will be instrumental in developing a unified house view. At Eastspring, Ray will provide in-depth macroeconomic data, trends and insights to guide investment and asset allocation decisions. Based in Singapore, Ray will report to Eastspring Investments’ Chief Investment Officer Vis Nayar.
“Ray joins us at a pivotal time, against a global macroeconomic backdrop marked by heightened uncertainty and complexity. We look forward to his contributions as we continue to enhance our asset allocation deep and financial outcomes. Ray’s breadth and depth of experience, coupled with his understanding of global economics and markets, will be invaluable to our investment teams and clients.” – Bill Maldonado, Chief Executive Officer, Eastspring Investments.
With more than 30 years’ experience as an economist and strategist for international financial services firms, Mr. Farris has led research in economics, markets and policy across three continents. He spent 22 years at Credit Suisse in various leadership roles, most recently as Global Chief Economist and Chief Investment Officer for the Americas based in New York. From 2001 to 2022, he was predominantly based in Singapore with Credit Suisse, in various positions including Chief Investment Officer for South Asia, and Head of Asia Economics and Fixed Income Strategy. Mr. Farris started his career in Hong Kong in 1991 as Head of Economics and Equity Strategy at Crosby Securities.
Mr. Farris holds a Master of Science in Finance from London Business School and a Bachelor of Arts in Economics from the University of North Carolina.
