PGIM launches two core equity ETFs

Product / Tech
โดย Seeking Alpha·US·Read original
Summary · why it matters

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.

Impact on stocks 1

Aging Population · 1 stocks
Prudential Financial, Inc.
PRU
▲ PositiveCapitalrelevance

Prudential's asset management arm PGIM launched two new core equity ETFs, expanding its product lineup.

Off-coverage companies 2

PGIMPrivate▲ Positive
Capitalrelevance

PGIM launched two new core equity ETFs (PJSM and PJIN), expanding its fund offerings.

Jennison Associates LLCPrivate▲ Positive
Capitalrelevance

Jennison's head Ken Moore highlighted the new ETFs, which leverage Jennison's fundamental research capabilities.