August 01, 2017

PGIM Real Estate acquires The Quaye at Palm Beach Gardens

PALM BEACH GARDENS, Fla., Aug. 1, 2017PGIM Real Estate has acquired The Quaye at Palm Beach Gardens, a 340-unit, Class A apartment community in Palm Beach Gardens, Florida, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

July 31, 2017

Quincy Krosby: Apple earnings, employment report to be this week’s market movers

Earnings reports from companies including Apple Inc. as well as a broad range of economic data releases probably will be the prime market movers this week, Prudential’s Chief Market Strategist Quincy Krosby said on her weekly “Connecting the Dots” outlook.

July 26, 2017

PGIM Real estate acquires Midtown Atlanta office tower

ATLANTA, July 26, 2017PGIM Real Estate has acquired Regions Plaza, a 23-story, Class A office tower in Atlanta, Georgia, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)

July 24, 2017

Prudential Retirement names new leaders to oversee Full Service and Sales

NEWARK, N.J., July 24, 2017 - Prudential Retirement has named Harry Dalessio head of its Full Service Solutions group, which provides defined contribution, defined benefit and non-qualified retirement plan solutions to public, private and nonprofit organizations.
July 24, 2017

Quincy Krosby: Earnings reports, Fed meeting likely market movers

Earnings from major companies across several sectors as well as a Federal Reserve meeting are likely to be the major movers in a busy week for the markets, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

July 21, 2017

PGIM: Capturing alpha from growing emerging markets will require new investment approach

A radical shift in the forces shaping emerging market growth will require investors to take a different investment approach from what may have worked in the past. Increasingly, discovering investment opportunities will be rooted in the ability to capture the alpha from the new growth drivers, rather than in chasing the beta of the broad universe.

July 20, 2017

Prudential places customers at its structural core; announces new leadership architecture for U.S. businesses

NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.

July 19, 2017

Industrial projects key focus as PGIM Real Estate Finance generates $1.2 billion in transactions for first half of 2017

NEWARK, N.J., July 19, 2017 - PGIM Real Estate Finance, long attracted to the industrial sector, has closed more than $1.2 billion in commercial mortgage loans within the sector through the first half of 2017 as e-commerce continues to drive industrial development. The loans include transactions in the U.S., the U.K. and Australia, representing about a third of the company’s originations through June 30.

July 18, 2017

Prudential Financial, Inc., and CT Corp create life insurance joint venture in Indonesia

JAKARTA, July 18, 2017CT Corp and Prudential Financial, Inc. (NYSE: PRU), have created a joint venture to provide life insurance solutions to a broad spectrum of people in Indonesia through a multi-channel distribution strategy, the companies announced today. Under the recently closed agreement, which has been approved by OJK regulators in Indonesia, Prudential’s Pruco Life Insurance Company has acquired a 49 percent interest in CT Corp’s wholly-owned life insurance subsidiary, PT Asuransi Jiwa Mega Indonesia.

July 17, 2017

Nathan Sheets joins PGIM Fixed Income as chief economist

NEWARK, N.J., July 17, 2017 - Nathan Sheets has joined PGIM Fixed Income as chief economist and head of Global Macroeconomic Research. With $654 billion in assets under management as of March 31, 2017, PGIM Fixed Income is among the largest global fixed income managers. PGIM Fixed Income is a business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).