Investments

NEWARK, N.J., June 20, 2018 - Lee Shapcott will join QMA as global chief marketing officer, dedicated to building upon the strength and reputation of the QMA brand as the company continues to focus on its global growth. QMA, with approximately $128 billion in assets under management as of March 31, 2018, is the quantitative equity and global multi-asset solutions business of PGIM Inc., the $1 trillion-plus global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

The historic summit between the U.S. and North Korean leaders in Singapore ended with impressive imagery; however, the joint statement by President Trump and Chairman Kim Jong Un seemed short on details. In “Looking Ahead After the U.S.-North Korea Summit,” Gerwin Bell, Ph.D., lead economist for Asia on PGIM Fixed Income’s Global Macroeconomic Research Team, and Mehill Marku, portfolio manager for PGIM Fixed Income’s Foreign Exchange Team, examine two competing schools of thought concerning how the delicate relationship between the two countries may evolve.

SAN FRANCISCO, June 12, 2018 – PGIM Real Estate has formed a joint venture with a public pension fund client of CityView to acquire a 50 percent interest in a portfolio of five Class A multifamily properties in the San Francisco Bay Area. The portfolio is valued at approximately $500 million. PGIM Real Estate, acting on behalf of an institutional real estate investor, is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., June 11, 2018 – Stephen O’Keeffe has joined PGIM Real Estate as an executive director, responsible for sourcing real estate debt investments and managing relationships with prospective borrowers and partners in Australia.

PARIS, May 30, 2018 – PGIM Real Estate, in partnership with its client, the Finnish pension insurance company Varma, has acquired M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris. PGIM Real Estate is the real estate investment business of PGIM, Inc., the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., May 17, 2018 - PGIM has entered into a partnership with Banchile Administradora General de Fondos S.A. (“Banchile AGF”), one of the largest asset managers in Chile. The partnership will provide local investors in Chile access to a number of PGIM Investments’ UCITS funds as well as direct real estate strategies through PGIM Real Estate. This agreement significantly expands PGIM’s presence in the region as it continues its global growth.

NEWARK, N.J., May 09, 2018 - The escalating tussle between globalization and nationalism could have profound implications for global financial markets, traditional investment frameworks and developed market geopolitical risk analysis, says a new report from PGIM, Inc., the investment management business of Prudential Financial, Inc. (NYSE: PRU).

LONDON, May 1, 2018 - PGIM Fixed Income today announced that Kunal Patel, CFA, has joined the firm’s London office, as a vice president covering U.K. pension funds, insurance companies and consultants. Patel will report to Sarah McMullen, Principal, head of U.K. Client Advisory.

NEWARK, N.J., April 17, 2018 - PGIM today announced that Ken Poliziani has joined the firm as its first chief marketing officer. In his new role, Poliziani will be responsible for building on the strength and reputation of the overall PGIM brand as the company continues its global growth. PGIM, Inc., among the world’s top 10 asset managers with $1.2 trillion in assets under management as of December 31, 2017, is the global investment management businesses of U.S.-based Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., April 10, 2018 - PGIM Investments has entered the exchange-traded fund space with the launch of the PGIM Ultra Short Bond ETF (NYSE ARCA:PULS). The fund is a diversified, fixed income, actively managed ETF that aims to deliver current income and capital appreciation with a focus on managing risk. PGIM Investments is the worldwide distributor of retail products for PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU)—a top 10 asset manager globally.