CIOs Require New Asset Allocation Analytics To Make More Informed Decisions
In an article published by Capital Markets CIO Outlook magazine, Michelle Teng, PhD, CFA, Vice President, Institutional Advisory and Solutions Group, PGIM, writes about the optimal asset allocation for corporate plan sponsors. In the article, Teng examines trends in defined contribution, challenges facing corporate sponsors of defined benefit plans approaching the “end-state” and the asset allocation analytics corporate plan sponsors can use to make more informed decisions.
David Hunt on the Future of Asset Management
David Hunt, PGIM CEO, sits down with Financial News to discuss the future of asset management, including fee pressure and the active versus passive debate, as well as PGIM’s multi-manager model and more.
PGIM Completes Acquisition of DHFL Pramerica Asset Managers
PGIM, one of the largest asset managers in the world with more than $1.2 trillion in assets under management, announced today that it has completed the 100% purchase of its previously 50% held joint venture with DHFL. The acquisition, announced in December 2018, has received all required approvals from the Securities and Exchange Board of India (SEBI) and other regulatory bodies in the country.
Pricoa Capital Group Adopts PGIM Private Capital as New Global Brand Name
Pricoa Capital Group has renamed its global investment business as PGIM Private Capital. With over $86 billion in assets under management (as of March 31, 2019), the business is the private capital arm of PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (PFI).