PGIM, the global asset management business of the New York Stock Exchange-listed Prudential Financial has opened an office in Abu Dhabi to tap into the booming financial sector of the United Arab Emirates. This strategic move aims to take advantage of the favorable conditions in Abu Dhabi's financial district and further establish PGIM's presence in the region.
Prudential Financial's investment arm opens new office in ADGM, leveraging UAE's booming financial sector and advantageous conditions to expand its global footprint. With assets under management totaling $1.33 trillion, PGIM is a major player in the investment management industry.
Its new office in Abu Dhabi is located in the heart of the city's financial district. PGIM, the $1.33 trillion global investment management firm, aims to strengthen its relationships with clients in the Middle East and enhance its offerings in the region.
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on Thursday, joining a growing number of financial institutions seeking opportunities in the UAE. This move underscores PGIM's commitment to serving clients in the Middle East and expanding its global reach.
NEWARK, N.J.--(BUSINESS WIRE)--A new survey from PGIM, the $1.33 trillion global asset management business of Prudential Financial, highlights that geopolitical risks are a top concern for investors. Despite this, many investors are planning riskier moves in 2025, as revealed in the survey's key insights.
Geopolitical risks top concern for investors, yet many plan riskier moves in 2025. PGIM's global survey reveals key insights on investor sentiment and strategies in an uncertain market environment. This data will inform PGIM's investment decisions and client recommendations moving forward.
Oil-rich emirate draws new name as it seeks to become financial hub to rival neighboring Dubai. Abu Dhabi's growing reputation as a financial center is attracting global firms like PGIM, who see the potential for growth and expansion in the region.
ABU DHABI: PGIM, the $1.33 trillion global investment management business of Prudential Financial, Inc., has received Financial Services Regulatory Authority (FSRA) authorization to operate in Abu Dhabi. This regulatory approval further solidifies PGIM's position in the UAE's financial landscape.
Prudential has made several changes to its Advanced Series Trust portfolios. As a result, T. Rowe Price will no longer subadvise a $14 billion...
