Our History

Solving our clients’ challenges has always been the driver of innovation at PGIM Quantitative Solutions. It’s a legacy built on groundbreaking research into behavioral anomalies and their impact on factor returns, helping to launch the firm’s active equity business and laying the foundations of modern quantitative finance.

Quantitative Investing Pioneer

For half a century, we have been at the forefront of delivering quantitative solutions that empower our clients to shape their financial landscapes.

2020+

2024

PGIM Quant launches the first of its Buffer ETF series.

2022

PGIM Quant launches US and International Micro Cap strategies and the Portfolio Ballast ETF.

2021

Linda Gibson appointed as Chair and CEO.

QMA is rebranded to PGIM Quantitative Solutions.

2010+

2015

QMA launches Income Builder and Global Macro strategies.

2012

QMA launches Quantitative Modeling Portfolio.

2000+

2009-2010

Prudential launches Day One Target Date Funds with QMA managing the allocation of assets that underlie the glidepath.

 

QMA launches US Small Cap Core and Real Assets strategies.

2008

QMA launches endowment-style Multi-Asset Class strategy.

2006-2007

QMA develops Target Date glidepaths.

2002

QMA launches Emerging Markets and Global Core strategies.

2000-2001

QMA's newly established research focus shifts from 'deep research' to ongoing 'implementation research'. QMA develops new factors, and includes data integrity screens and real-time bid-ask spreads when constructing portfolios. This new approach is implemented for non-US stocks.

1990+

1996-1997

PDI develops a multi-factor weighting approach using growth rates to adjust factor weights in two new products: US Mid and US Large Cap Core Equity.

Early 1990s

During these years, pioneering research begins into the impact of behavioral anomalies on factor returns and PAM develops proprietary style-based analysis of portfolio performance. After becoming Prudential Diversified Investment Strategies (PDI) a new options-based defensive strategy is launched — US Market Participation Strategy (MPS).

1980+

1988

PAM develops one of the first quantitative asset allocation frameworks designed around the discounted cash flow analysis of all S&P 500 stocks.

1970+

1979

PAM launches Large Cap Value Equity, a single-factor strategy combining quantitative and fundamental approaches.

1975

PGIM Quant forerunner Pension Asset Management (PAM) opens, becoming the multi-asset arm of Prudential's institutional annuity business.

 

PAM launches first global multi-asset solutions mandate: Global Multi-Asset Balanced.