April 16, 2018

PGIM Fixed Income Q2 outlook: At cruising altitude with seat belts at the ready

The second quarter 2018 edition of PGIM Fixed Income’s quarterly outlook leads off with “Air Pockets at Cruising Speed—Welcome to QT” by Robert Tipp, CFA, chief investment strategist and head of Global Bonds. In examining some prevalent market concerns, including quantitative tightening, Tipp provides some perspective on how investors might consider these issues after Q1’s volatility.

April 04, 2018

PGIM Real Estate acquires 75 percent interest in York & George development

SYDNEY, April 3, 2018 – PGIM Real Estate has agreed to acquire a 75 percent interest in the prime retail and commercial component of the York & George mixed-use project, currently under development by Fife Capital at 383 George Street, Sydney. 

March 29, 2018

Don’t fear inflation’s impending arrival, PGIM leaders say

The inflation that the Federal Reserve has been expecting will arrive soon, but it’s not likely to gallop away with the economy, says PGIM’s leadership.

March 16, 2018

QMA Market Pulse: All eyes on productivity

The recent market correction and sharp jump in volatility has brought a renewed focus on inflation and interest rates. But what about productivity?

March 12, 2018

PGIM Real Estate signs agreement to acquire M Campus in Meudon, Paris

PARIS, March 12, 2018 – PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.

March 05, 2018

Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc. appoint new director

NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director for closed-end mutual funds Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) effective March 1.

March 05, 2018

The Board of Directors of Prudential Funds adds independent director to its open-end mutual fund board

NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director effective March 1 for open-end mutual funds offered by PGIM Investments, the $100 billion1 global manufacturer and fund distributor of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

February 14, 2018

PGIM Real Estate exceeds $14 billion in 2017 transactions worldwide

NEW YORK, Feb. 14, 2018 – PGIM Real Estate completed more than $14 billion in transactions worldwide in 2017 on behalf of institutional investors, including investments in real estate equity and debt and property dispositions.

February 12, 2018

PGIM Real Estate Finance provides nearly $15 billion in financing in 2017

NEWARK, N.J., Feb. 12, 2018 – PGIM Real Estate Finance originated $14.8 billion in financing in 2017 led by production in multifamily and industrial lending. 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).

February 09, 2018

PGIM Real Estate sells Rock Square in Guangzhou, China

HONG KONG, Feb. 9, 2018 – PGIM Real Estate has sold Rock Square, a shopping mall in Guangzhou, China, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).