- Prudential Friendly Society was established and began managing proprietary fixed income assets.
- Began managing fixed income assets for external, institutional clients.
- PGIM, Inc. was registered as an investment advisor with the U.S. Securities and Exchange Commission. Prudential Fixed Income is the primary public fixed income asset management business of PGIM.
- PGIM Limited, an affiliated office, was established in London.
- PGIM (Singapore) Pte. Ltd, an affiliated office, was established in Singapore.
- Prudential Fixed Income manages investment portfolios for more than 496
clients, with more than $652 billion in assets under
management. (As of June 30, 2016)