Newark, NJ, United States
Stuart Parker is president and CEO of PGIM Investments, a manufacturer and distributor of retail products globally for PGIM. PGIM is the global investment management business of Prudential Financial, Inc. PGIM Investments is the 6th-fastest mutual fund family in organic AUM growth in the U.S.* Stuart oversees 200 salespeople globally, with offices in the United Kingdom, Germany, Italy, Dublin, Switzerland, Netherlands, Hong Kong, and Singapore. He also has oversight of PGIM DC Solutions, focusing on the defined-contribution market; the Strategic Investment Research Group, providing due diligence oversight for third-party investment managers across Prudential platforms; and PGIM’s asset management businesses in the Netherlands, Taiwan, India, and its joint venture in China.
Before joining PGIM, Stuart spent 14 years at Citigroup Asset Management in a variety of roles related to distribution.
Stuart earned a bachelor’s degree in history from Rollins College and an M.B.A. from Thunderbird, The American Graduate School of International Management. He is on the executive committee and is the audit chair of the Investment Company Institute. He is also president and an interested director of PGIM Funds. Stuart resides in Darien, CT, with his wife and two children.
*Source: Simfund; excludes ETFs and money market funds. Mutual fund AUM growth is among the top 50 industry competitors between 2008 and 2023.
The Strategic Investment Research Group (SIRG) is a unit of Prudential Investments LLC, and a research unit of Prudential Financial. PGIM DC Solutions, and PGIM Investments are registered investment advisors.