Cameron Lochhead has been named global head of PGIM’s Institutional Relationship Group, dedicated to deepening strong relationships with institutional clients and continuing to grow PGIM’s reputation for superior client service.
Nathan Sheets, PGIM Fixed Income’s chief economist and head of global macroeconomic research, recognizes that uncertainties regarding U.S.-China trade tensions have multiplied and provides perspective based on the question of “what do we actually know?”
As the United States and China work toward a resolution of the ongoing trade war, an important question is whether the agreement will achieve any appreciable further opening of the Chinese economy and, if so, how such gains will be distributed across China’s trading partners.
Despite the global growth slowdown, QMA projects that the general trend should be up near term, underpinned by central bank dovishness, and reasonably attractive valuations, as detailed in its latest Outlook & Review.
Peter W. Latara has joined Jennison Associates as a managing director and relationship manager, effective Feb. 25, 2019. The role will include a focus on both sales as well as client service. Latara will report to Lori McEvoy, Jennison’s global head of distribution.
PGIM Real Estate completed approximately $12 billion in transactions worldwide in 2018 on behalf of institutional and high net worth investors, including investments in real estate equity and debt, and property dispositions.
Prudential Capital Group has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners (PCEP), the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. The appointment comes on the heels of the recently announced closing of Prudential Capital Energy Partners I, L.P., a $343 million energy mezzanine fund. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
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