Investments

HOUSTON, Jan. 14, 2020 – PGIM Real Estate Finance has arranged a $48 million Freddie Mac unfunded forward commitment to provide permanent financing for Red Line Station, a planned 300-unit mixed-income apartment complex in Houston.

PGIM Real Estate identifies four key global trends that are set to have a significant aggregate impact, and ten region-specific trends that reflect opportunities to benefit from diversification by strategy and geography.

MADISON, N.J., Dec. 17, 2019 – PGIM Real Estate has sold a portfolio of 11 senior housing properties managed by Brightview Senior Living and located throughout the Northeast and Mid-Atlantic U.S.

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).

PGIM experts assess the next chapter in the global growth story, including geopolitical uncertainty, central bank dovishness and more.

NEWARK, N.J., Sept. 23, 2019 – PGIM, the global investment management business of U.S.-based Prudential Financial, Inc. (PFI) (NYSE: PRU) and one of the world’s top 10 asset managers with $1.2 trillion in assets under management as of June 30, 2019, continues to enhance its European footprint following the recent approval, by the Dutch Authority for the Financial Markets, for it to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands. The office, based in Amsterdam, acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.

Historically, inverted yield curves have preceded economic slowdowns. Robert Tipp, chief investment strategist and head of global bonds for PGIM Fixed Income, explains the inverted yield curve and what it means for investors.

Prudential’s innovative approach to impact investing has earned the company a coveted spot for the second straight year on Fortune’s Change the World list, which recognizes companies that have made a meaningful and lasting impact on the human condition through their core business strategy on a global scale.

Increased trade tensions, market volatility and dovish federal policies have left investors with uncertainty about the months ahead.  PGIM’s asset managers offer their outlooks.