Press Releases
Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email contact our communications staff.
Prudential Total Return Bond Fund portfolio managers named Morningstar Fixed-Income Fund Manager of the Year
NEWARK, N.J.--(BUSINESS WIRE)--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
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).
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.
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).
Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended November 30, 2017
Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) (the "Fund"), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended November 30, 2017.
U.S. Figure Skating announces 2018 Prudential Skating Fund recipients
U.S. Figure Skating announced the Columbine Figure Skating Club (Arvada, Co.) and the Scott Hamilton Skating Academy (Nashville, Tenn.) as the 2018 recipients of awards made through the Prudential Skating Fund. The Fund, established by U.S. Figure Skating and Prudential Financial, Inc. (NYSE: PRU), in 2013, provides $25,000 in financial support to eligible U.S. Figure Skating member clubs and/or programs that are addressing social needs or directly benefiting underserved groups and communities within the sport of figure skating.
Prudential Financial to Announce Fourth Quarter 2017 Earnings; Schedules Conference Call
Prudential Financial, Inc. 2018 Financial Outlook Call Materials Available
Kelly A. Abeles joins Prudential Group Insurance association business
NEWARK, N.J., Dec. 13, 2017 – Kelly A. Abeles has joined Prudential Group Insurance as vice president, Association Strategy and Account Management, where her responsibilities will include in-force revenue development and strategic business planning and development. Prudential Group Insurance is a business of Prudential Financial, Inc. (NYSE: PRU).