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).
Our Latest Best Idea: Tackling Retirement Income in DC
PGIM’s Institutional Relationship Group brought together a handful of DC experts to talk about the growing need to generate income in retirement. The discussion was part of our popular Best Ideas Event Series designed specifically for senior decision makers.
Generating Higher Returns from ESG – A Challenge or Opportunity?
Gavin Smith, Managing Director and Portfolio Manager, QMA, discusses the growing popularity of ESG investing and the challenges facing investors looking to generate higher returns from ESG.