March 20, 2018

Millennials are slowly finding their economic footing but uncertain of future progress, Prudential study finds

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).

March 20, 2018

Howard Nowell joins PGIM Institutional Relationship Group in London

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.

March 19, 2018

PGIM Real Estate Finance and NYSTRS provide $1.1 billion loan for nationwide industrial portfolio

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).

March 19, 2018

Fed meeting builds anticipation for latest news on rate hikes

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.

March 16, 2018

QMA Market Pulse: All eyes on productivity

The recent market correction and sharp jump in volatility has brought a renewed focus on inflation and interest rates. But what about productivity?

March 12, 2018

Market, buoyed by positive job data, watches inflation indicators as quadruple witching day arrives

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.

March 12, 2018

PGIM Real Estate signs agreement to acquire M Campus in Meudon, Paris

PARIS, March 12, 2018 – PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.

March 08, 2018

Young job seekers find pathways to success with suits, smiles and support

Prudential’s partnership with My Brother's Keeper, an Obama Foundation initiative, provides mentorship and job opportunities for boys and young men of color.

March 06, 2018

American workers' financial security a job for employers, survey says

More than family, higher education or even government, American workers expect their employers to help them achieve financial security, a new Prudential survey reveals.

March 05, 2018

Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc. appoint new director

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.