January 24, 2018

PGIM Real Estate Finance adds Robert Younkin, Garrett Meyers to multifamily originations team

LOS ANGELES, Jan. 23, 2018 – PGIM Real Estate Finance has expanded its multifamily originations team with the additions of Robert Younkin and Garrett Meyers to its Western U.S. team. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 24, 2018

Taking Care of Business

Under Lata Reddy, Prudential is blunt about tying its philanthropy to its bottom line. Is this the future of corporate giving? As published in The Chronicle of Philanthropy, Volume 29, Issue 12, October 2017.

January 22, 2018

The Board of Trustees of Prudential Insurance Funds appoints new independent trustee

NEWARK, N.J., Jan 22, 2018 – Stephen M. Chipman has been named an independent director for Prudential’s Insurance Funds board of trustees. The Prudential Insurance Funds have approximately $179 billion in assets in over 107 mutual funds across its annuities and insurance businesses.

January 22, 2018

QMA’s 2018 outlook sees continued global growth

After a year that saw the S&P 500 Index return more than 20%, QMA predicts stocks will again outpace bonds in 2018 — potentially by a very wide margin. While QMA's base case, outlined in its 2018 Outlook & Review "Goldilocks Growth and the Missing Bears," calls for S&P returns in the 10% range, the firm envisions scenarios that could have 2018 nearly matching 2017's surprise breakout year for equities.

January 22, 2018

Quincy Krosby: Shutdown Deal, Earnings, Housing Data, GDP, ECB Dominate Market Headlines

Senate leadership crafted a deal to end the partial shutdown of the U.S. government, as the earnings season continues this week, offering traders and investors a parade of reports from bellwether names in media, industrials, pharmaceutical and other sectors, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

January 16, 2018

Quincy Krosby: Bank earnings, budget deadline, Beige Book among potential market movers

The earnings season continues this week with important bank earnings reports from Citigroup, Bank of America, Goldman Sachs, U.S. Bancorp and Morgan Stanley, Prudential’s Chief Market Strategist Quincy Krosby said Tuesday in her weekly “Connecting the Dots” outlook.

January 16, 2018

PGIM Fixed Income Q1 Outlook: When Fiscal and Monetary Policies Diverge

The two diverging factors set to unfold in 2018—a broad loosening of U.S. fiscal policy countered by gradually tightening monetary policies among some of the world’s major central banks—underscore investors’ challenge of recognizing directional cues throughout the year. PGIM Fixed Income’s Q1 2018 Outlook examines what these signals might look like across the fixed income markets, the global economy, and the various corporate sectors.

January 11, 2018

Figure skating icon Scott Hamilton thanks Prudential for support of skaters with special needs

Emma Mays wasn’t one of America’s top skaters who competed at the 2018 Prudential U.S. Figure Skating Championships, but the Tennessee 10-year-old was top of mind for Olympic gold medalist Scott Hamilton as he stood rink-side to receive the $10,000 Enrichment Award from the Prudential Skating Fund. The award will support Scott’s All Stars, a program Hamilton developed for skaters like Emma with intellectual disabilities, who may not win medals but can melt hearts.

January 10, 2018

How Prudential handles a 60 percent increase in customer calls on the busiest day of the year

It’s 7:55 a.m. on a Tuesday in January at Prudential Retirement’s call center near Scranton, Pennsylvania, and the 125 or so employees in the office are in anxious anticipation. In five minutes, they and their colleagues in Dubuque, Iowa; El Paso, Texas; and the Philippines will begin the busiest day of the year, answering questions from more than 17,000 clients over the course of a 13-hour day.

January 10, 2018

PGIM Real Estate Sells Waterfront Place in Shanghai

SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).