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23 August 2016

PGIM Real Estate hires Cuong Nguyen to lead Asia Pacific Investment Research

SINGAPORE, AUGUST 23, 2016 – Cuong Nguyen has joined PGIM Real Estate as its head of Asia Pacific investment research, the company announced today. PGIM Real Estate is the real estate investment business of PGIM, Inc., the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU). 
 
Nguyen, whose appointment is effective immediately, will lead PGIM Real Estate’s research efforts in Asia Pacific and will join the Asia Pacific Investment Committee. He is based in the company’s Singapore office and reports to Peter Hayes, global head of investment research.
 
“Cuong’s depth of research experience and insights into the trends driving the Asia Pacific real estate markets will enhance our global research capability and further strengthen our ability to deliver innovative, market-leading intelligence to our investment teams and clients around the world,” Hayes said.
 
Before joining PGIM Real Estate, Nguyen was head of Asia Pacific research and strategy for M&G Real Estate, where he developed market forecasts and identified long-term trends across the Asia Pacific markets to drive investment decisions, product development and regional business strategy. Earlier, he was a research analyst at Prudential Property Investment Managers, Ltd. in London, a part of Prudential PLC and unaffiliated with PGIM Real Estate, where he led research and forecasts of the U.K. property office markets. Previously, Nguyen was a consultant for Watson Wyatt LLP.
 
Nguyen has a PhD in finance from Heriot-Watt University, a master of science in finance from Birkbeck College, University of London, a postgraduate diploma in international economics from the School of Oriental and African Studies, University of London, and a bachelor of science in economics from the Foreign Trade University, Hanoi, Vietnam.

 
About PGIM Real Estate
PGIM Real Estate is the real estate investment business of PGIM, Inc., the global investment management business of Prudential Financial, Inc. (NYSE: PRU). Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in 18 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management of $66.5 billion ($49.0 billion net) as of June 30, 2016. PGIM Real Estate’s tenured team offers to its global client base a broad range of real estate investment vehicles that span the risk-return spectrum across core, core plus, value-add, debt, securities, and specialized investment strategies. For more information, visit www.pgimrealestate.com.
 
About PGIM
PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including fundamental equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have offices in 16 countries across five continents and had more than US$1 trillion in assets under management as of June 30, 2016. For more information, please visit http://www.pgim.com.
 
About Prudential Financial, Inc.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2016, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.  
 
Contact(s):
Brendan Duffy
phone: 973-802-5711
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