October 02, 2017

Quincy Krosby: Tax reform, employment situation report, Fed speakers may move markets

Tax reform will again take center stage as Trump administration officials continue to sell their tax reform framework to the American people, and important data releases may dominate the market, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

October 02, 2017

Prudential named best workplace for Latinas by LATINA Style magazine

NEWARK, N.J., Oct. 2, 2017 – Yanela Frias walked into her employee orientation program at Prudential Financial, Inc. 20 years ago in Newark, New Jersey, filled with excitement about her new position as an entry-level accounting associate. Now she runs the company’s Investment & Pension Solutions business with $230 billion in assets and is the 49,000-employee company’s most senior Latina.

October 02, 2017

Quincy Krosby's Q4 2017 Commentary: The End Game

The end of the year is rapidly approaching, and anyone overwhelmed by recent headlines may be forgiven for thinking a little holiday cheer can’t come soon enough. The fourth quarter tends to be, statistically at least, the most hospitable for markets, while the third quarter is known for heightened volatility. Quincy Krosby, Prudential’s chief market strategist, leads us through potentially positive and negative indicators in her Q4 2017 market commentary: The End Game.

September 27, 2017

Prudential Financial to Announce Third Quarter 2017 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Sep. 27, 2017-- Prudential Financial, Inc. (NYSE:PRU) will release its third quarter 2017 earnings on Wednesday, November 1, 2017, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, November 2, 2017, at 11:00 a.m. ET, to discuss with the investment community the company's third quarter results. Conference Call Information The conference call will be broadcast l...
September 25, 2017

Quincy Krosby: Trump’s agenda on health care, tax reform may dominate markets

President Donald Trump’s legislative agenda, led by attempts to repeal and replace the Affordable Care Act by the end of September, probably will dominate the market this week, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

September 22, 2017

For Asia’s rapidly aging populations, innovation and forward-thinking policies drive retirement security

TAIPEI, Taiwan, September 22, 2017 - The quickening pace of aging in Asia – a region with more than half the world’s population over 60 – has urgent implications for the region’s families, retirees, pensions and policy makers.

September 18, 2017

Prudential names Candace Woods chief actuary

NEWARK, N.J., September 18, 2017 - Prudential Financial, Inc. (NYSE: PRU) announced that Candace Woods will be promoted to senior vice president and assume the role of chief actuary of Prudential. She will succeed Richard Lambert, who has decided to retire from the company early next year after a distinguished career with Prudential.

September 18, 2017

Quincy Krosby: FOMC meeting, Fed balance sheet to dominate market this week

The Federal Open Market Committee will likely announce the beginning of the reduction of its $4.5 trillion balance sheet in what promises to be a busy week for the markets, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

September 14, 2017

MMC UK Pension Fund, advised by Mercer, selects Prudential and Canada Life Reinsurance to reinsure the longevity risk of £3.4 Billion ($4.3 billion) in pension liabilities

The Trustee of the MMC UK Pension Fund (the “Fund”) has announced the largest longevity risk transfer for a UK pension fund since 2014. The transaction, which reinsures the longevity risk of £3.4 billion ($4.3 billion) in pension liabilities, will provide long-term protection and income to the Fund in the event that the covered participants live longer than expected. It also lowers the risk that Marsh & McLennan Companies will face unexpected pension contributions due to an increase in pensioner life expectancy.

September 11, 2017

George Patterson to join QMA, co-lead unified Global Equity Platform with Peter Xu

NEWARK, N.J., Sept. 11, 2017 George N. Patterson will join QMA’s investment team to co-lead a unified Global Equity Platform, aligning the firm’s U.S. Value, U.S. Core and Non-U.S. Core investment strategies under one leadership team. The new platform will allow QMA to refine and customize products in response to the needs of its global client base, consistent with its long-term, research-led investment philosophy.