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Prudential Retirement Adds New Funds To Manager-of-Managers Investment Lineup

Stocks in this article: PRU

In a move designed to strengthen the breadth, depth, and competitiveness of its investment offerings, Prudential Retirement, a business of Prudential Financial, Inc. (NYSE:PRU), announced it has added 12 new institutional sub-advised funds, including a new non-traditional asset class, real estate, to its Manager-of-Managers platform. The new funds include:

    -   Large Cap Value / Becker Capital Fund (Becker Capital)
- Large Cap Value / Ceredex Value Advisors Fund (Ceredex Value Advisors)
- Large Cap Value / Nuveen Asset Management Fund (Nuveen Asset Management, LLC)
- Large Cap Growth / Brown Fund (Brown Advisory)
- Large Cap Growth / Fayez Sarofim Fund (Fayez Sarofim & Co.)
- Mid Cap Value / Invesco Fund (Invesco Advisers, Inc.)
- Mid Cap Value / WEDGE Fund (WEDGE Capital Management LLP)
- Mid Cap Growth / American Century Fund (American Century Investment Management, Inc.)
- Small Cap Growth / Palisade Capital Management Fund (Palisade Capital Management, LLC)
- Real Estate / American Century Fund (American Century Investment Management, Inc.)
- Real Estate / Cohen & Steers (Cohen & Steers)
- International Blend / Neuberger Berman Fund (Neuberger Berman)

“We remain focused on continuously enhancing our Manager-of-Managers investment platform which provides those clients seeking fiduciary support with skilled investment managers, rigorous oversight and daily guideline monitoring,” said Joan Bozek, senior vice president, Prudential Retirement’s Institutional Investment Solutions.

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