Out of the shadows: PGIM’s Europe plans

Investment Europe | Nov 13, 2019 at 12:51 PM
  • The adage of being a larger asset manager that is, perhaps, less well known is one that is being left by the wayside as PGIM, the asset manager of life insurer Prudential Financial, seeks to build its presence globally – including across Europe.
  • With some $1.3trn of AUM, PGIM ranks as a top 10 manager globally, albeit with a business weighting towards its home market; with some 7% of that total AUM originating from Europe, the Middle East and Africa, the firm has been beefing up its presence in the EMEA space.
  • Institutionally, PGIM ranks seventh largest, claiming 159 of the top 300 global pension funds and 21 of the top 25 US corporate pension plans as clients.