QMA names new head of retirement research QMAnamesnewheadofretirementresearch

Blanchett joins from Morningstar Investment Management LLC, where he was most recently head of retirement research. He has published over 100 papers in a variety of industry and academic journals. Blanchett’s research has received awards from a number of prestigious associations including the Academy of Financial Services (2017), the CFP Board (2017), the Financial Analysts Journal (2015) and the Financial Planning Association (2020). He is also a regular contributor to Advisor Perspectives, ThinkAdvisor and the Wall Street Journal.

 “I am incredibly excited to join QMA given PGIM’s position as a leader in the retirement space,” Blanchett said. “I look forward to working alongside some of the brightest minds in the industry to develop new proprietary investment solutions to improve retirement outcomes for potentially millions of investors and DC participants.”

Blanchett is an adjunct professor of wealth management at The American College of Financial Services and was formerly a member of the ERISA Advisory Council. In 2021, ThinkAdvisor included him in the IA25 for “pushing the industry forward.”

ABOUT QMA

As the quantitative equity and multi-asset solutions specialist of PGIM, QMA seeks to help solve complex investment problems with custom systematic solutions across the risk/return spectrum. QMA’s modular portfolio construction simplifies our design of client-specific solutions. We can customize down to the stock level for portfolio considerations, with product offerings that range from core solutions and systematic macro to multi-asset portfolios and overlays. All of our options can be harnessed to provide stable return streams uncorrelated with existing strategies.

QMA manages portfolios for a worldwide institutional client base, including corporate and public pension plans, endowments and foundations, multiemployer pension plans, and subadvisory accounts for other financial services companies. As of March 31, 2021, QMA had approximately $119 billion in assets under management. QMA also manages the allocation of assets that underlie the glidepath to the Prudential Day One Funds, launched in 2016, which currently has $5.5 billion in assets under management as of April 30, 2021.

ABOUT PGIM

PGIM, the global asset management business of Prudential Financial, Inc. (PFI) (NYSE: PRU), ranks among the top 10 largest asset managers in the world* with more than $1.5 trillion in assets under management as of March 31, 2021. With offices in 16 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

^*  Prudential Financial Inc. (PFI) is the 10th largest investment manager (out of 527 firms surveyed) in terms of global assets under management based on Pensions & Investments’ Top Money Managers list published on June 1, 2020. This ranking represents global assets under management by PFI as of March 31, 2020.