Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

November 07, 2018

Prudential Financial, Inc. Announces Third Quarter 2018 Results

NEWARK, N.J., November 07, 2018 - Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc., was $1.672 billion ($3.90 per Common share) for the third quarter of 2018, compared to $2.238 billion ($5.09 per Common share) for the third quarter of 2017.

October 31, 2018

Kelsey-Seybold Clinic taps Prudential to manage $413 million in retirement assets

NEWARK, N.J., October 31, 2018 - Kelsey-Seybold Clinic, a Houston-based multispecialty group practice, chose Prudential Retirement as record keeper for its retirement plans.

October 24, 2018

Navigating the technology frontier beyond Silicon Valley

NEWARK, N.J., October 24, 2018 - Given the lightning-quick pace of technological change, investors must evaluate their portfolios to weed out obsolescence risk from incumbent products and business models that might soon be displaced, while developing a disciplined active investment framework to identify potential technology-driven winners, according to the latest report examining megatrends from PGIM, the $1.2 trillion asset management businesses of Prudential Financial, Inc. (NYSE: PRU).

October 23, 2018

Blue Cross and Blue Shield of Nebraska selects Prudential Retirement to oversee $138M retirement plan

NEWARK, N.J., October 23, 2018 - Blue Cross and Blue Shield of Nebraska, an independent licensee of the Blue Cross and Blue Shield Association, hired Prudential Retirement to serve as the new provider for its 401(k) retirement plan. Prudential Retirement, among the industry’s largest record keepers, is a business unit of Prudential Financial, Inc. (NYSE: PRU).

October 23, 2018

PGIM Investments European expansion accelerates with new hires in Germany

NEWARK, N.J., October 23, 2018 - PGIM Investments is expanding its distribution footprint throughout Europe, adding a team dedicated to Germany. The firm has hired as vice president Thiemo Volkholz, who will be based in Frankfurt and focused on growing the firm’s presence with global, regional and local banks and financial intermediaries throughout the region. Together with Cvjetko Zecevic, hired as assistant vice president, the team will market PGIM’s asset management capabilities including PGIM Funds throughout the region.

October 22, 2018

Women lag men in retirement savings, Prudential study finds

NEWARK, N.J., October 22, 2018 - Women on average have saved 43 percent less for retirement than men, finds new data from Prudential Financial, Inc. (NYSE: PRU).

October 22, 2018

PGIM Real Estate acquires The Square in Paris

PARIS, Oct. 22, 2018 – PGIM Real Estate has acquired The Square, an iconic 7,000-square-meter office building located on 7-7 bis rue de Téhéran, Paris, on behalf of its pan-European discretionary value-add fund. The seller was a German closed-ended fund managed by GLL Real Estate Partners, a member of Macquarie Group. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

October 18, 2018

Prudential Financial closes $3.2 billion in new longevity reinsurance agreements, signaling healthy growth in the U.K. pension risk transfer market

NEWARK, N.J., October 18, 2018 - Prudential Retirement®, a unit of Prudential Financial, Inc. (NYSE:PRU), has concluded $3.2 billion in previously undisclosed longevity reinsurance contracts, a further sign that pension de-risking activity in the U.K. is continuing at a brisk pace. As part of these transactions, The Prudential Insurance Company of America (PICA) assumes the longevity risk for approximately 13,200 retirees.

October 18, 2018

PGIM Investments expands ETF platform with new QMA active equity strategies

NEWARK, N.J., October 18, 2018 – PGIM Investments today launched the first of four actively managed equity exchange-traded funds (ETFs) that it plans to roll out in 2018, expanding the platform from the two actively managed fixed income ETFs launched earlier this year. Sub-advised by QMA, the quantitative equity and global multi-asset solutions manager of PGIM, the PGIM QMA Strategic Alpha Large-Cap Core ETF (NYSE Arca: PQLC) seeks long-term growth of capital by investing primarily in large-cap stocks.

October 18, 2018

PGIM Real Estate acquires Diana & Vesta office property in Amsterdam

FRANKFURT, Germany, Oct. 18, 2018 – PGIM Real Estate has acquired Diana & Vesta, a modern office property in Amsterdam, on behalf of one of its European core plus funds. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).