At PGIM, we see alpha in our distinctive multi-manager model, which enables independent asset management businesses to specialize by asset class and investment approach. Each business maintains its own investment culture, singularly focused on delivering investment returns for our clients.
*Combined gross assets under management and administration across its PGIM Real Estate and PGIM Real Estate Finance businesses. PGIM Real Estate’s AUM total net assets under management equal $50.5 billion. PGIM Real Estate Finance’s AUM is $98.6B of which $33.7B is attributable to assets under administration.
Sources of data (unless otherwise noted) are as of 3/31/2019.
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.