Prudential Financial, Inc.Prudential's asset management arm PGIM launched two new core equity ETFs, expanding its product lineup.
Prudential Financial's asset management arm, PGIM, has launched two new core equity exchange-traded funds: the PGIM Jennison Small-Mid Cap Core Equity ETF (PJSM) and the PGIM Jennison International Core Equity ETF (PJIN). PJSM will invest at least 80% of its assets in small- and medium-capitalization companies, while PJIN focuses on non-U.S. issuers. Ken Moore, head of Jennison, emphasized that the funds combine active conviction with benchmark discipline, leveraging decades of fundamental research to find opportunities overlooked by index-based approaches.
Prudential Financial, Inc.Prudential's asset management arm PGIM launched two new core equity ETFs, expanding its product lineup.
PGIM launched two new core equity ETFs (PJSM and PJIN), expanding its fund offerings.
Jennison's head Ken Moore highlighted the new ETFs, which leverage Jennison's fundamental research capabilities.