September 16, 2018

Prudential commits $1 million in grants to help Hurricane Florence victims

To help those affected by Hurricane Florence and its aftermath, Prudential is supporting relief efforts by committing grants through The Prudential Foundation. Funds will be allocated to national and local organizations that are providing direct response.

September 13, 2018

QMA global investment teams expand with Lorne Johnson, Patrick McDonough

NEWARK, N.J., September 13, 2018 - QMA continues to expand its investment platform with the addition of two new client portfolio managers, responsible for portfolio analysis and research for its Global Multi-Asset Solutions and Quantitative Equity teams. QMA is the quantitative equity and global multi-asset solutions business of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

September 13, 2018

PGIM Real Estate Hires Christy Hill to lead Americas Asset Management

Christy Hill has joined PGIM Real Estate as a managing director and head of Americas Asset Management to lead and implement the company’s asset management strategy for investments in the United States and Latin America.

September 12, 2018

Prudential names Charles Lowrey as new CEO and Chairman-Elect; John Strangfeld to retire

Prudential’s longtime leader John Strangfeld will retire later this year, ending an 11-year run as chairman and CEO where he steered the company through the changing landscape of the financial services industry to become the premier provider of retirement, investment management and financial protection solutions.

September 12, 2018

Prudential Financial announces leadership succession

NEWARK, N.J., September 12, 2018 - Prudential Financial, Inc. (NYSE:PRU) today announced that its Board of Directors has appointed Charles Lowrey as the company’s next CEO and member of the Board, effective December 1, 2018. Lowrey, who currently serves as executive vice president and chief operating officer, International Businesses of Prudential, will succeed John Strangfeld, who will retire as CEO on November 30, 2018. Strangfeld will serve as non-executive chairman until April 5, 2019, at which time Lowrey will also assume the role of chairman.

September 11, 2018

Prudential Capital Energy Partners raises $343 million for first energy mezzanine fund

DALLAS, September 11, 2018 - Prudential Capital Energy Partners has completed fundraising for its first energy mezzanine fund, Prudential Capital Energy Partners Fund I, L.P., closing at $343 million. Prudential Capital Energy Partners (PCEP) is the middle-market energy mezzanine fund business sponsored by Prudential Capital Group, the $81.4 billion private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

September 07, 2018

In love, but don’t want to get hitched? Think again, with your wallet

If it seems you’ve gotten fewer wedding invitations lately, it’s not your imagination. Marriage is declining, and not only among young couples. Those nearing retirement age are shying away from marriage, too. Unfortunately, those who never marry could find themselves without a financial safety net.

 

September 06, 2018

Prudential Financial to host Tokyo Investor Day for Institutional Investors and Analysts

Prudential Financial, Inc. (NYSE:PRU) will host a conference for institutional investors and analysts in Tokyo, Japan, on Thursday, September 27, 2018, beginning at 8:30 a.m. local time (JST).

September 04, 2018

Youth volunteer awards highlight a powerful force for good

They’ve invented ways to prevent plane crashes and manufacture inexpensive prosthetic limbs. They’ve helped comfort soldiers with PTSD and rebuild communities devastated by fire and hurricanes. They’ve fought hunger and raised money for cancer research. And most are not even old enough to vote.

August 31, 2018

QMA’s Q3 2018 outlook 'bearly bullish'

Earlier this year, global economic growth appeared to be coasting, with all major economies growing in unison for the first time since 2010. However, paths now appear to be diverging, shifted by escalating trade tensions, Italian politics and pockets of emerging market turmoil, according to QMA’s Q3 2018 Outlook & Review.