Watch breaking news videos and read news updates about Prudential Financial on pionline.com
BlackRock, TCW, others gaining from PIMCO turmoil
trueBlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc. reported.
Ohio Bureau of Workers' Compensation gives $3 billion to 4 bond managers
trueOhio Bureau of Workers' Compensation hired J.P. Morgan Asset Management, Loomis Sayles & Co., Prudential Financial and TCW Group to run about $725 million each in active domestic core-plus fixed income for the $24 billion state insurance fund.
Prudential adds real estate portfolio manager in realignment
trueJames Glen joined Prudential Real Estate Investors as a principal and portfolio manager for its core U.S. real estate fund.
Schlachter to head up new Prudential multiasset unit
trueMichael Schlachter joined Prudential Investment Management as managing director, multiasset-class solutions, to head a new team designed to address portfolio challenges by institutional investors.
Integra chooses Prudential as record keeper
trueIntegra Inc. hired Prudential Financial as record keeper of its $65 million 401(k) plan.
Prudential Fixed Income appoints structured products managing director
trueJohn Vibert was named managing director, structured products, at Prudential Fixed Income.
Executives split over possible pension risk transfer crunch
trueA growing number of large pension risk transfer deals in the U.K. and U.S., coupled with an anticipated influx of deals across both markets, have left industry executives split over the potential for a capacity crunch.
Questar picks Prudential as record keeper
trueQuestar Corp., Salt Lake City, hired Prudential Financial as record keeper of its 401(k) plan.
Prudential creates head of full service investments role
trueSrinivas Reddy has been promoted to the role of head of full service investments at Prudential Retirement, a unit of Prudential Financial Inc., said Monique Reuben, a Prudential spokeswoman.
Bernard Winograd, former Pru exec, dies
trueBernard Winograd, whose wide-ranging career included helping to build Prudential Financial Inc. and serving as a top adviser in the Department of the Treasury, leaves a legacy of leadership in management of investment organizations, in advocating allocations to alternative asset classes and in ...
Prudential Real Estate Investors names new CEO
trueEric Adler was named CEO of Prudential Real Estate Investors, effective in September.
San Francisco staff backs Prudential, Galliard for 457 plan posts
trueSan Francisco City & County Employees' Retirement System staff has recommended the system hire Prudential Financial as third-party administrator and Galliard Capital Management as stable value manager for its $2.4 billion 457 plan.
Hawaii Deferred Comp taps Prudential for administration
trueHawaii Deferred Compensation Fund, Honolulu, hired Prudential Financial as third-party administrator for its $1.5 billion 457 plan.
QMA raises equity allocations on strong GDP growth forecast
trueQuantitative Management Associates LLC, a unit of Prudential Financial Inc., is raising the weighting of its U.S. equity allocation in its portfolios to as much as 70%, boosted by a forecast of a rapidly accelerating GDP that could lead the Standard & Poor's 500 to rise 12% in total return next ...
Prudential adds VP for institutional retirement plans
trueJohn Byrne was named vice president of institutional retirement plans at Prudential Retirement.