May 11, 2017

PGIM Real Estate raises MXP$4.4 billion for Mexican private real estate fund

MEXICO CITY, May 11, 2017 – PGIM Real Estate has completed a capital raise of MXP$4.4 billion (USD$235 million) for PruMex IV CKD, a closed-end real estate fund investing across various property sectors in Mexico. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU). 

April 27, 2017

PGIM Real Estate raises more than £1b for European private real estate debt fund

LONDON, April 27, 2017 - PGIM Real Estate has completed a capital raise exceeding £1 billion for PRECap VI (Pramerica Real Estate Capital VI), surpassing its fundraising target. PRECap VI is the largest fund in a series dedicated to investing in private real estate debt in Europe.
April 06, 2017

Prudential Investment Management Japan to become PGIM Japan

TOKYO, April 6, 2017-Prudential Investment Management Japan Co., Ltd. (PIMJ), will rebrand its asset management operations to PGIM Japan, to align with its global parent, PGIM, effective October 1. PGIM, the $1 trillion1 investment business of Prudential Financial, Inc. (NYSE: PRU) manages assets in 32 countries with nearly 30 percent of its assets managed for clients outside of the U.S.

March 16, 2017

PGIM: The impact of market conditions on active equity management

Since the financial crisis, investors have enjoyed generally benign conditions, with subdued volatility and strong markets, but active equity managers have remained under pressure. This should not be surprising; history has shown a strong pattern of counter-cyclicality in manager excess returns relative to the equity market. The Impact of Market Conditions on Active Equity Management takes a close look at the relationship between equity market conditions (defined by market returns, volatility, and dispersion) and active equity manager results.

March 15, 2017

Prudential Investments to change its name to PGIM Investments

NEWARK, N.J., March 15, 2017 - Prudential Investments will change its name to PGIM Investments, effective Monday, April 3, the company announced today. Prudential Investments is the retail manufacturer and distribution arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE:PRU).
March 15, 2017

QMA: Some like it hot - fiscal policy, inflation and the role of real assets

Of all the variables the new U.S. administration brings for investors, one of the trickiest to plan for is inflation. Inflationary pressures were already building before the election ushered in the prospect of a sweeping agenda of pro-growth fiscal and de-regulatory policies. QMA says one common way to hedge against inflation is to diversify portfolios with exposure to real assets. In Some Like it Hot, QMA analyzes historic returns during normal and above-average periods of inflation and makes the case for an allocation to real assets.

March 10, 2017

QMA: Start of Something Big: Demystifying the Source of Large Alpha in Small Caps

In the search for alpha, small-cap stocks are regularly viewed as one of the markets’ most fertile sources compared to larger capitalization stocks. Across every geographic market, the median outperformance of active small-cap managers relative to their respective benchmarks over the last five years is significantly higher than for large-cap managers.

March 10, 2017

PGIM: Longevity and Liabilities: Bridging the Gap

The rise in global life expectancy, based on recently updated mortality tables, could dramatically increase longevity risk for pension liabilities over the next 20 to 30 years, potentially worsening a plan's risk profile, reducing funded status and leading to unforeseen costs. In Longevity and Liabilities, PGIM explores how defined benefits plans can mitigate the threat of growing liabilities.

March 09, 2017

Prudential Capital Group originates $12.6 billion in 2016, driven by demand by middle-market borrowers

CHICAGO, March 9, 2017 – Prudential Capital Group, a leading source of private capital for public and private companies, provided $12.6 billion to companies and projects worldwide in 2016, the largest volume of financing made in the company’s 75-year history, the company announced today. Prudential Capital Group is the private placement arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

March 09, 2017

PGIM Fixed Income: Revisiting the Global Credit Cycle

The new, pro-growth U.S. administration and rising global political risks could affect the current credit cycle, including regulatory and tax policy changes that could accelerate the credit cycle. That acceleration, and renewed investor optimism, may sow the seeds of the next U.S. recession in three to five years. As a result, the current market climate calls for increased attention to tail risk in fixed income portfolio construction.