September 05, 2017

The Board of Directors of Prudential Funds adds two new independent directors to its open-end mutual fund board

NEWARK, N.J., Sept.5, 2017 – Barry H. Evans and Laurie Simon Hodrick have been named independent directors for open-end mutual funds offered by PGIM Investments, the $90 billion retail investments business of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

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 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 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 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).

July 17, 2017

PGIM Fixed Income: The return of absolute return fixed income

Although the majority of the three-decade, bull market in bonds is likely behind us, PGIM Fixed Income believes fixed income, including Absolute Return Fixed Income, still provides plenty of opportunities for investors. In The Return of Absolute Return Fixed Income, Michael Collins, senior investment officer and portfolio manager for Multi-Sector Fixed Income strategies, discusses different types of absolute return fixed income portfolios and how a well-diversified, duration-constrained approach can take advantage of alpha-generating opportunities while avoiding systematic exposure to rising interest rates.

June 21, 2017

Cameron Sinclair joins PGIM Institutional Relationship Group in Sydney

SYDNEY/NEWARK, June 21, 2017 – Cameron Sinclair has joined PGIM as Head of its Institutional Relationship Group responsible for Australia and New Zealand based in Sydney, Australia. PGIM, among the world’s top 10 asset managers with more than $1 trillion in assets under management, is the global investment management businesses of U.S.-based Prudential Financial, Inc. (NYSE: PRU).

June 19, 2017

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

NEWARK, N.J., June 19, 2017 - Emerging markets, which already command nearly 60 percent of global GDP on a purchasing power parity basis, will collectively drive global growth over the next decade, but investors would be wise to reconsider how they approach these markets. Increasingly, says PGIM, emerging markets will be the masters of their own economic fate, making a one-size-fits-all classification of emerging markets obsolete.

June 01, 2017

PGIM Real Estate and Kisco Senior Living joint venture acquires Bay Area senior living community

WALNUT CREEK, CALIF., June 1, 2017 - PGIM Real Estate and Kisco Senior Living have formed a joint venture to acquire and operate Byron Park, a 187-unit independent and assisted living facility in Walnut Creek, Calif. PGIM Real Estate, acting on behalf of institutional investors, is the real estate investment business of PGIM, the global investment businesses of Prudential Financial, Inc. (NYSE: PRU).