February 11, 2020

PGIM Investments sets record AUM with $12.2B of net fund flows in 2019

NEWARK, N.J., February 11, 2020 - PGIM Investments ended 2019 with $12.2 billion in net mutual fund flows and record mutual fund assets under management of $122.5 billion. The strong flows and record AUM growth were largely driven by demand for its fixed income funds.

February 07, 2020

Where are all the women CEOs?

The key to empowering more women to rise to the CEO seat involves rethinking one-size-fits-all paths to leadership and concerted efforts to look at leaders through a different lens, Caroline Feeney, CEO of Prudential’s Individual Solutions group, told The Wall Street Journal.

February 07, 2020

In-plan retirement income options a win-win for plan sponsors

With the passage of the SECURE Act into law in December 2019, plan sponsors should not shy away from offering in-plan retirement income options in their defined contribution plans, as growing numbers of participants are moving to retirement and need to shift focus from asset accumulation to decumulation.

February 06, 2020

PGIM Private Capital provides $13B in private debt to middle-market companies in 2019

CHICAGO, February 06, 2020 - PGIM Private Capital provided $13 billion of senior debt and junior capital to 228 middle-market companies and projects globally in 2019. PGIM Private Capital, a leading source of private capital for public and private companies, is the private capital arm of PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

February 04, 2020

Prudential Financial, Inc. Announces 2019 Results

NEWARK, N.J., February 04, 2020 - Prudential Financial, Inc. (NYSE:PRU) today reported fourth quarter and year-end 2019 results. For the fourth quarter of 2019, net income attributable to Prudential Financial, Inc. was $1.128 billion ($2.76 per Common share), compared to $842 million ($1.99 per Common share) for the fourth quarter of 2018.

February 04, 2020

Top youth volunteers of 2020 honored nationwide

WASHINGTON, D.C. -- They're taking on food insecurity, opioid abuse and veteran homelessness. Several are leading projects to strengthen their local ecosystems. Many created new opportunities for inclusion and connection amongst their peers.

January 28, 2020

PGIM Fixed Income's new podcast series, 'All the Credit'

On the inaugural episode of "All the Credit," host and senior portfolio manager Mike Collins welcomes Mike Lillard, head of PGIM Fixed Income and chief investment officer.

January 23, 2020

PGIM’s Q1 market outlooks: 2020, a year unlike the last?

In their latest installment of quarterly outlooks, PGIM experts provide perspective on the markets in 2020 and beyond.

January 22, 2020

Prudential to oversee $820M in retirement assets for California plan

NEWARK, N.J., January 22, 2020 - Alameda County, an East Bay government plan client for nearly 29 years, has extended its contract with Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU). Prudential oversees a combined $820 million in retirement assets for both 457(b) and 401(a) plans.

January 17, 2020

‘Just Mercy’ creates ripples far beyond the big screen

Lata Reddy, senior vice president of Diversity, Inclusion & Impact at Prudential, reflects on working with Bryan Stevenson, who inspired the new movie, and her career-long fight for inequality.