*As of September 30, 2019, the net AUM globally includes $49.8B for PGIM Real Estate. Note that for PGIM Real Estate Finance, net AUM is $68.1B and is equal to gross. The total gross assets under management globally includes $36B of assets under administration.
Sources of data (unless otherwise noted) are as of 9/30/2019.
Alpha indicates the performance, positive or negative, of an investment when compared against an appropriate standard, typically a group of investments known as a market index. Real assets consist of investments and strategies in infrastructure, real estate, agriculture and timber.