Press Releases

NEWARK, N.J., December 11, 2019 - Are institutional investors joining the gold rush? While gold’s long-term performance is not strong compared to other assets, new PGIM research finds that under certain economic conditions—including a slowing growth environment—institutional investors are right to evaluate adding gold-related assets to a diversified portfolio. PGIM Inc. is the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., December 04, 2019 - Prudential Financial, Inc.’s (NYSE: PRU) new Global Environmental Commitment (GEC) expands the company’s support for sustainable investments through a wide range of business, operational and investment goals.

NEWARK, Nov. 18, 2019 – PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has made three hires into its Institutional Relationship Group (IRG), all reporting to Cameron Lochhead, global head of IRG.

NEW YORK, Nov. 15, 2019 – Rebecca Kniesel has joined Jennison Associates as chief marketing officer, responsible for developing and executing a strategic marketing plan that positions Jennison and its investment strategies for success across channels and geographies. Kniesel will report to Lori McEvoy, Jennison’s global head of distribution. Jennison is an affiliate manager of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., November 13, 2019 - Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), announced today Christine Lange has been hired as head of Customer Solutions for Institutional Retirement Plan Services, effective immediately.

NEWARK, N.J., Nov. 12, 2019 – Prudential Retirement will continue its nearly 25-year-long relationship with the Los Angeles Lakers, the 16-time NBA Champion franchise team, as record keeper for its defined contribution retirement plan.

NEWARK, N.J., November 04, 2019 - Prudential Financial, Inc. (NYSE:PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $1.418 billion ($3.44 per Common share) for the third quarter of 2019, compared to $1.672 billion ($3.90 per Common share) for the third quarter of 2018.

NEWARK, N.J., October 30, 2019 - Women and men share common ground at work when it comes to understanding what it takes to win top jobs, yet women still contend with bias-related barriers to advancement more often than men, according to a recent poll released today from ASCEND and Morning Consult sponsored by Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., October 29, 2019 - PGIM Investments has made senior-level hires across its marketing and technology functions, as well as expanded roles of two senior executives. The investment in top talent comes on the heels of 10 consecutive years of positive net flows for the retail fund shop, underscoring the firm’s ongoing commitment to serving its growing client base both in the U.S. and internationally.

New PGIM research highlights long-term investment implications of three new types of companies emerging to dominate today’s market.