Advertisement
UK markets open in 1 hour 50 minutes
  • NIKKEI 225

    38,404.12
    +851.96 (+2.27%)
     
  • HANG SENG

    17,110.21
    +281.28 (+1.67%)
     
  • CRUDE OIL

    83.45
    +0.09 (+0.11%)
     
  • GOLD FUTURES

    2,339.80
    -2.30 (-0.10%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,778.22
    +499.71 (+0.94%)
     
  • CMC Crypto 200

    1,443.33
    +28.57 (+2.02%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

Prudential’s Asset Management Business

Prudential’s Asset Management Business

Prudential Financial’s (PRU) asset management business is overseen by PGIM. According to the company, its asset management business has a strong revenue base. The company generates asset management fees from different asset classes. In 2017, 45% of the company’s asset management fees were from public fixed income, 8% were from private fixed income and equity, 17% were from real estate assets, 25% were from public equity, and 5% were from commercial mortgages.