NEWARK, N.J., Aug. 13, 2019 – PGIM Fixed Income has hired Zulfiqar Ali as a senior portfolio manager focusing on Latin America hard currency sovereign and quasi-sovereign bond positions across Emerging Markets strategies. Ali will report to Emerging Markets co-heads David Bessey and Cathy Hepworth, and will be based in Newark, New Jersey.
Ali was most recently a senior portfolio manager in Emerging Markets Fixed Income for Fort Washington Investment Advisors. Prior to Fort Washington, Ali was a policy advisor in Emerging Markets for SGH Macro Advisors, where he conducted emerging markets sovereign policy research. From 1994 to 2002, Ali was a portfolio manager on the Emerging Markets Fixed Income team at Prudential Financial.
“Ali’s knowledge and experience across emerging markets, as well as familiarity with our firm and our team, make him an outstanding addition as we seek to add alpha-generating ideas from Latin American fixed income markets,” said Hepworth.
Ali received a Bachelor of Arts with honors in economics, international relations and political science from Brown University, and an MBA from Oxford University Said Business School.
About PGIM Fixed Income
PGIM Fixed Income, with $809 billion in assets under management as of June 30, 2019, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Tokyo and Singapore. For more information, visit pgimfixedincome.com.
About PGIM and Prudential Financial, Inc.
With 16 consecutive years of positive third-party institutional net flows, PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), ranks among the top 10 largest asset managers in the world* with more than $1 trillion in assets under management as of June 30, 2019. 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 fundamental equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have offices in 15 countries across four continents. 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 with Prudential plc, a company 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.