February 28, 2020

Prudential’s impact investment portfolio hits $1 billion milestone

Delivering on a promise, Prudential is one of the first institutional investors to grow and manage an impact portfolio of $1 billion in assets under management.

 

 

February 28, 2020

Employers play critical role in managing effects of coronavirus outbreak

As the coronavirus continues to spread beyond China and Asia, Americans are increasingly concerned not just about the potential negative impact it could have on their health, but also about the implications for their personal finances and the state of the U.S. economy overall, according to new research released by Prudential.

February 25, 2020

Prudential again honored as one of the World’s Most Ethical Companies

Prudential has been named one of the World’s Most Ethical Companies by the Ethisphere Institute®, a leader in defining and advancing the standards of ethical business practices, for the sixth straight year.

February 24, 2020

Prudential Retirement calls on the workplace to support savings at every life stage

As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. is supporting our government’s call for retirement readiness.

February 24, 2020

PGIM Real Estate raises nearly $1 billion for Senior Housing Partners VI

MADISON, N.J., Feb. 24, 2020PGIM Real Estate has completed its capital raise for Senior Housing Partners VI (SHP VI), with a total of $996 million in commitments, primarily from institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1.3 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

February 20, 2020

PGIM appoints senior macroeconomic researcher to client advisory group

NEWARK, N.J., Feb. 20, 2020 – Dr. Noah Weisberger has joined PGIM as a managing director in the Institutional Advisory & Solutions (IAS) group. PGIM Inc. is the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

February 18, 2020

Leaders of Prudential’s longevity reinsurance business optimistic about a vibrant 2020 risk transfer market after record-breaking 2019

NEWARK, N.J., February 18, 2020 - The Prudential Insurance Company of America (PICA), a business unit of Prudential Financial, Inc. (NYSE: PRU), and a recognized leader in the global pension de-risking market, has announced the closing of its seventh and eighth strategic longevity reinsurance transactions with Rothesay Life Plc, reinsuring a combined $6 billion of pension liabilities associated with two bulk annuity transactions completed in the second half of 2019.

February 13, 2020

Prudential combats national debt crisis through new financial wellness offering

NEWARK, N.J., February 13, 2020 - Recognizing the negative impact of household debt on long-term financial security and retirement readiness, Prudential (NYSE:PRU) is partnering with national nonprofit GreenPath Financial Wellness to introduce debt management advice and tools to its growing suite of workplace financial wellness solutions.

February 11, 2020

Chinese, US and German businesses embark on divergent pathways in new decade: PGIM survey

NEWARK, N.J., Feb. 11, 2020 – A new PGIM survey of over 300 public and private companies in the U.S., Germany and China highlights the sharply different priorities each is employing in response to new “weightless” business models and the “profit with purpose” era.

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.