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Prudential Investments to change name to PGIM Investments

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Prudential Investments, the retail manufacturer and distribution arm of Prudential Financial’s investment management business PGIM, will change its name to PGIM Investments, effective 3 April.

The names and ticker symbols for the company’s mutual funds will remain the same.
 
The name change more closely aligns Prudential Investments with PGIM. Because the company already operates as PGIM Investments outside the US with its UCITS platform, the change allows the firm to adopt a single name globally.
 
Additionally, the renaming follows the recent rebranding efforts of Prudential Investment Management to PGIM in January 2016, Prudential Real Estate Investors to PGIM Real Estate in May 2016, and Prudential Fixed Income to PGIM Fixed Income in January 2017.
 
“The change to PGIM Investments showcases our ability and commitment to delivering actively managed investment solutions to our global clients through the deep expertise of our multi-manager model,” says Stuart Parker, president of Prudential Investments.

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