PGIM

PGIM
Formerly
  • Prudential Investment Management
  • Pramerica Investment Management
Company typePrivate
IndustryFinancial services
HeadquartersNewark, New Jersey
Products
AUMUS$1.5 trillion (2020)
ParentPrudential Financial
Websitepgim.com

PGIM, Inc. (PGIM), formerly known as Prudential Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company.

Headquartered in Newark, New Jersey, United States, PGIM manages more than $1 trillion in assets across its fixed income, equity, real estate, alternatives, and multi-asset channels, including $283 billion for retail investors, and $553 billion for institutional clients, as of December 2019.[1] David Hunt has been the CEO since 2011.[2][3]

  1. ^ "2019 Annual Report" (PDF). Prudential Financial Inc. 31 December 2019. p. 34. Retrieved 27 May 2020.
  2. ^ Flood, Chris (13 July 2014). "Prudential boss says investors should dig in for long term". www.ft.com. Retrieved 2020-05-17.
  3. ^ Ricketts, David (22 July 2019). "$1.2tn asset manager CEO: Fund industry is more than just stock pickers". www.fnlondon.com. Retrieved 2020-05-17.