Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Investment VIPs

Prudential Unveils Multi-Strategy Managed Accounts

Your article was successfully shared with the contacts you provided.

NU Online News Service, May 27, 2003, 3:45 p.m. EDT – Prudential Financial Inc., Newark, N.J., has introduced 12 multi-strategy portfolios.

The portfolios are individually managed accounts that feature investments in more than one asset class or investment style. The investment managers include Eaton Vance Management, ING, Phoenix Investment Partners Ltd., PIMCO Advisors and Portfolio Services Group as well as Prudential’s own money managers.

Prudential puts each account in the stock or balanced category, but the portfolio managers have some freedom to change their investment styles as market conditions change, Prudential says.

Investors can get the accounts through Prudential’s Managed Accounts Consulting Services program. Minimum investments start at $100,000.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.