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.

February 06, 2018

Top youth volunteers of 2018 honored nationwide

WASHINGTON, D.C., Feb 6, 2018 – Many are fighting hunger in their local communities. Some created programs that encourage young women to consider STEM careers. Others are leading initiatives to support people with physical or intellectual disabilities. Those are just some stories of the 102 youth volunteers – two from each state and the District of Columbia – who today were named State Honorees by The Prudential Spirit of Community Awards...

February 05, 2018

Prudential Financial and Scottish Widows reach first longevity reinsurance agreement

NEWARK, N.J., February 05, 2018 - The Prudential Insurance Company of America (PICA) a Prudential Financial, Inc. company (NYSE:PRU), and Scottish Widows Limited, a subsidiary of Lloyds Banking Group plc, agreed to their first-ever longevity reinsurance agreement. PICA has assumed the longevity risk for approximately $1.8 billion (£1.3 billion) of annuity liabilities held by Scottish Widows.

February 01, 2018

Prudential Financial, Inc. to Participate in Bank of America Merrill Lynch 2018 Insurance Conference; Live Audio Webcast Available

NEWARK, N.J.--(BUSINESS WIRE)--Feb. 1, 2018-- Prudential Financial, Inc. (NYSE:PRU) will participate in the Bank of America Merrill Lynch 2018 Insurance Conference in New York on Wednesday, February 14, 2018. On that day at approximately 1:10 p.m. (ET) Mark Grier, Prudential Financial, Inc.'s Vice Chairman, will discuss the company's businesses and strategies. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at www.investor.prudential.com. Please log on at least fifteen minutes early, to register and download and install any necessary softw...
January 29, 2018

Fixed indexed annuity expands Prudential’s commitment to growing and protecting wealth

NEWARK, N.J.--()--Prudential Annuities, the domestic annuity business of Prudential Financial, Inc. (NYSE:PRU), has launched the PruSecure Fixed Indexed Annuity. This is a single-premium, long-term protection solution that earns interest based on stock market performance and/or a fixed rate, with zero exposure to market downturns.

January 25, 2018

PGIM Real Estate Hires Lisa Davis to lead impact initiatives; new program taps cross-enterprise expertise

NEW YORK, Jan. 25, 2018 – Lisa Davis has joined PGIM Real Estate as an executive director and portfolio manager to lead its impact-oriented real estate investment initiatives focused on affordable housing and transformative developments in the United States.

January 24, 2018

Prudential Total Return Bond Fund portfolio managers named Morningstar Fixed-Income Fund Manager of the Year

NEWARK, N.J.--()--PGIM Investments is proud to announce that the PGIM Fixed Income portfolio managers of the Prudential Total Return Bond Fund (PDBZX) have been named Morningstar’s 2017 Fixed-Income Fund Manager of the Year. PGIM Investments is the global retail manufacturer and distributor of PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.1

January 24, 2018

PGIM Real Estate Finance adds Robert Younkin, Garrett Meyers to multifamily originations team

LOS ANGELES, Jan. 23, 2018 – PGIM Real Estate Finance has expanded its multifamily originations team with the additions of Robert Younkin and Garrett Meyers to its Western U.S. team. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 22, 2018

The Board of Trustees of Prudential Insurance Funds appoints new independent trustee

NEWARK, N.J., Jan 22, 2018 – Stephen M. Chipman has been named an independent director for Prudential’s Insurance Funds board of trustees. The Prudential Insurance Funds have approximately $179 billion in assets in over 107 mutual funds across its annuities and insurance businesses.

January 19, 2018

PGIM Investments renames fund family to PGIM Funds

NEWARK, N.J., January 19, 2018 - PGIM Investments announced today that it will be renaming its domestic fund platform to PGIM Funds. Effective on June 11, 2018, retail domestic fund names will no longer include “Prudential” and will be branded “PGIM.” Renaming the funds more closely aligns them to the firm, which was renamed PGIM Investments in April 2017. PGIM Investments is the global retail manufacturer and distributor of PGIM Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.

January 10, 2018

PGIM Real Estate Sells Waterfront Place in Shanghai

SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).