Prudential Financial's PGIM Unit Sees AUM Rise to $1.39 Trillion

Published 12 days agoPRU

Prudential Financial's PGIM Unit Sees AUM Rise to $1.39 Trillion

Prudential Financial anticipates its asset management arm, PGIM, to report $1.39 trillion in assets under management (AUM) as of March 31. This development indicates a continued upward trajectory in PGIM's ability to attract investments and manage funds effectively.

By the end of 2024, PGIM's AUM stood at $1.375 trillion. According to Insider Monkey, factors such as net inflows, equity market appreciation, and robust investment performance have fueled this growth. The increase to $1.39 trillion indicates that this positive momentum is persisting into the new fiscal year.

Prudential Financial overall has demonstrated strong financial health, with a net income of $2.727 billion in 2024, marking an increase from $2.488 billion in the previous year. The company is recognized for its strategic focus on sustainable growth, a diverse product mix, and wide distribution channels. Moreover, Prudential was named the top company in the Insurance: Life & Health industry on FORTUNE’s 2025 list of World’s Most Admired Companies, underscoring its drive for customer satisfaction and innovation.

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