PGIM FIXED INCOME

Offers institutional investors solutions across the fixed income markets, with a focus on credit strategies and liability-driven investing.

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OVERVIEW

ESTABLISHED

1928

INVESTMENT FOCUS

Public and Alternative
Fixed Income

INVESTMENT PROFESSIONALS

261

LOCATIONS

U.S., London, Tokyo, and Singapore

$637 BILLION

ASSETS UNDER MANAGEMENT

BUSINESS HIGHLIGHTS


Experience and Stability

Senior investment professionals average 28 years of experience and 19 years with Prudential Financial, Inc. (PFI).

 

Risk Management Focused

A 41-member team develops proprietary quantitative analytics and conducts daily risk monitoring and reporting.


Rigorous Research

An emphasis on bottom-up research-driven security selection conducted by 103 career analysts, including senior analysts averaging 22 years of experience.


Global Client Base

Managing assets for 520 clients worldwide, including 92 Fortune 500 companies2, 41 of the largest global pension funds3 and 13 sovereign wealth funds and central banks.


Collaborative Process

Portfolio managers and analysts specialized by sector and industry collaborate on the research process.

ASSETS UNDER MANAGEMENT BY INVESTMENT CAPABILITIES

 

 

INVESTMENT CAPABILITIES AUM ($BILLIONS)
Governments (USD) $61
Governments (Non-USD) $69
Corporates $257
High Yield $44
Bank Loans $13
Emerging Markets $42
Structured Product $59
Money Markets $48
Municipals $20
Mortgages $21
Other1 $3
Total AUM $637

INSIGHTS

View more insights from PGIM Fixed Income at pgimfixedincome.com.
 

1st Quarter Outlook

Revisiting the Global Credit Cycle

Key Fault Lines in the Global Earthquake Zone

LEADERSHIP

Michael K. Lillard Head of Fixed Income and Chief Investment Officer

Michael K. Lillard is responsible for portfolio management and trading for all products and strategies across the firm. 

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CONTACT

More Information

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PGIM’S MULTI-MANAGER MODEL

 

PGIM Fixed Income

A leading provider of global fixed income solutions.

Assets

$637 Billion

Established

1928

Jennison Associates

A leading fundamental active equity and fixed income manager.

Assets

$159.8 Billion

Established

1969

QMA

A leader in actively managed multi-asset class and equity solutions.

Assets

$116.1 Billion

Established

1975

Pricoa Capital Group

A leading manager of private fixed income portfolios.

Assets

$76.8 Billion

Established

75+ years ago

PGIM Real Estate

A global manager of real estate equity, debt, securities, and specialized strategies.

Assets

$66 Billion

Established

1970

PGIM Real Estate Finance

An international commercial, multifamily, and agricultural mortgage finance business.

Assets

$57.6 Billion

Established

1997

International Investments

An operator of asset management companies in select markets outside the U.S.*

Assets

$79.2 Billion

Established

1998

PGIM Investments

PGIM Investments offers a broad range of funds to meet the long term needs of investors.

 

 

 

Sources of data (unless otherwise noted) are as of 12/31/16.

  1. "Other" includes Japanese equities and Japanese real estate equities.
  2. Source of Fortune 500 list: Fortune issued June 9, 2016.
  3. Source of Global Pension Fund data: IPE Top 1000 Global Institutional Investors - 2016 and S&P’s MMD Top 100 Global Pensions