NEWARK, N.J., March 20, 2018 - Millennials don’t share the confidence of baby boomers and Gen Xers who believe they’ll be financially better off than their parents, according to a study commissioned by Prudential Financial, Inc. (NYSE: PRU).
LONDON, March 20, 2018 - Howard Nowell has joined PGIM as managing director of the company’s Institutional Relationship Group in London, committed to serving large institutional clients in the U.K. and Europe and establishing new relationships throughout the region.
CHICAGO, March 19, 2018 - PGIM Real Estate Finance and the New York State Teachers’ Retirement System (NYSTRS) have provided $1.1 billion in financing for the acquisition of a 146-property industrial portfolio. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
Even with trade-related headlines hovering over markets—particularly in regard to any tariffs imposed on China—market participants will pivot their focus to the Federal Reserve’s Open Market Committee (FOMC) meeting, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.
Markets enjoyed a strong rebound Friday as the latest employment report indicated a labor market that continues to expand while keeping higher wages at bay, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.
NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director for closed-end mutual funds Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) effective March 1.
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