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PGIM
PGIM, Inc. (PGIM), formerly known as Prudential Global Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company.
Headquartered in Newark, New Jersey, United States, PGIM manages more than $1 trillion in assets across its fixed income, equity, real estate, alternatives, and multi-asset channels, including $283 billion for retail investors, and $553 billion for institutional clients, as of December 2019. Jacques Chappuis is president and chief executive officer of PGIM, a leading global asset manager across public and private asset classes.
PGIM traces its history to the founding of its parent company, Prudential Financial, in 1875.
PGIM is currently one of the 10 largest asset managers in the world, with more than 1,100 investment professionals working for the company across 31 offices. The firm is headquartered in the Prudential Tower in Newark, New Jersey, which currently houses approximately 3,000 employees from a variety of PGIM's investment management divisions.
PGIM follows a multi-manager model divided into several autonomous businesses:
PGIM Fixed Income is the fixed income investment arm of PGIM, with $968 billion in assets under management as of December 31, 2020. PGIM Fixed Income focuses on investing in the global fixed income markets through offices in the US, London, Amsterdam, Zurich, Munich, Hong Kong, Tokyo and Singapore.
Founded in 1969, Jennison Associates is the fundamental equity investment arm of PGIM, with $194 billion in assets under management as of April 2024. The firm also invests in active fixed income, with approximately 30% of its total AUM invested in non-equity securities. Jennison has offices in New York and Boston.
PGIM Quantitative Solutions, formerly QMA, is a subsidiary of PGIM that provides quantitative equity and global Multi-Asset solutions.[clarification needed] Founded in 1975, it has $120 billion in assets under management as of December 31, 2020.
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PGIM
PGIM, Inc. (PGIM), formerly known as Prudential Global Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company.
Headquartered in Newark, New Jersey, United States, PGIM manages more than $1 trillion in assets across its fixed income, equity, real estate, alternatives, and multi-asset channels, including $283 billion for retail investors, and $553 billion for institutional clients, as of December 2019. Jacques Chappuis is president and chief executive officer of PGIM, a leading global asset manager across public and private asset classes.
PGIM traces its history to the founding of its parent company, Prudential Financial, in 1875.
PGIM is currently one of the 10 largest asset managers in the world, with more than 1,100 investment professionals working for the company across 31 offices. The firm is headquartered in the Prudential Tower in Newark, New Jersey, which currently houses approximately 3,000 employees from a variety of PGIM's investment management divisions.
PGIM follows a multi-manager model divided into several autonomous businesses:
PGIM Fixed Income is the fixed income investment arm of PGIM, with $968 billion in assets under management as of December 31, 2020. PGIM Fixed Income focuses on investing in the global fixed income markets through offices in the US, London, Amsterdam, Zurich, Munich, Hong Kong, Tokyo and Singapore.
Founded in 1969, Jennison Associates is the fundamental equity investment arm of PGIM, with $194 billion in assets under management as of April 2024. The firm also invests in active fixed income, with approximately 30% of its total AUM invested in non-equity securities. Jennison has offices in New York and Boston.
PGIM Quantitative Solutions, formerly QMA, is a subsidiary of PGIM that provides quantitative equity and global Multi-Asset solutions.[clarification needed] Founded in 1975, it has $120 billion in assets under management as of December 31, 2020.