NEWARK, N.J., Feb. 20, 2020 – Dr. Noah Weisberger has joined PGIM as a managing director in the Institutional Advisory & Solutions (IAS) group. PGIM Inc. is the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
Weisberger joins PGIM after 17 years on the sell-side of the industry and will be based in Newark, reporting to Bruce D. Phelps, head of the Institutional Advisory & Solutions group. In this new senior role, Weisberger will apply his macroeconomic and policy expertise to the group’s research and client advisory work that focuses on asset allocation and portfolio construction.
Weisberger was most recently a managing director and chief U.S. portfolio strategist at Sanford Bernstein. He previously spent 14 years at Goldman Sachs Global Investment Research as a managing director and senior markets economist and began his career as a staff economist at the Council of Economic Advisers. Weisberger received a B.A. in mathematics from Yeshiva University and a Ph.D. in economics from Harvard University.
PGIM’s Institutional Advisory & Solutions group delivers portfolio-level advisory services to institutional clients worldwide, with expert research professionals offering advice on asset allocation, portfolio construction, benchmark selection and other portfolio management solutions.
“Noah’s impressive background provides an important new dimension to IAS’ client-advisory capabilities,” said Phelps. “Traditional macroeconomics has struggled to provide predictive power for today’s economy, and policymakers are entertaining ‘new’ ideas. Investors need to better understand how these changing macroeconomic relationships—and novel policy interventions—might affect their portfolios’ risk and return.”
“Increasingly, chief investment officers seek unbiased, leading-edge research to help them navigate portfolio construction challenges. I look forward to working with clients to gauge how macroeconomic forces—both cyclical and secular—may influence their portfolio objectives and to deliver robust portfolio results in this evolving landscape,” said Weisberger.
About PGIM and Prudential Financial, Inc.
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU) and ranks among the top 10 largest asset managers in the world* with $1.3 trillion in assets under management as of Dec. 31, 2019. 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’s additional businesses offer a variety of products and services, including life insurance, annuities and retirement-related services. For more information about Prudential, please visit news.prudential.com.
Prudential Financial, Inc. 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.
* Pensions & Investments’ Top Money Managers list, May 27, 2019; based on Prudential Financial total worldwide institutional assets under management as of Dec. 31, 2018. Assets under management (AUM) are based on company estimates and are subject to change.
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