Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Approved_stamp

31369

PGIM secures approval for Dutch AIFM

RELATED TOPICS​

PGIM has secured approval from the Dutch Authority for the Financial Markets to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands.

The office, based in Amsterdam, acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.
 
This newly authorised entity follows the announcement in July 2019 that PGIM Investments, the global manufacturer and fund distributor of PGIM, established operations in Switzerland. It further enhances PGIM’s European footprint, which includes operations in the UK, Germany, France, Ireland and Luxembourg.
 
David Hunt, president and CEO of PGIM, says: “We have been working closely with clients across Europe for many years. The establishment of our office in Amsterdam demonstrates our long-term commitment to the region as we continue to deepen our local presence to better serve our growing client base.”
 
PGIM’s Netherlands office serves as an additional European hub for its businesses, including PGIM Fixed Income, the USD809 billion global asset manager offering active solutions across all fixed income markets, which has hired Anna de Jong into the newly created role of client advisor for Benelux and the Nordics. De Jong, based in Amsterdam, reports to Sarah McMullen, head of EMEA Client Advisory Group, PGIM Fixed Income. De Jong joins Marco Boogaard and Michael Kaal, PGIM Fixed Income Netherland’s chief compliance officer and chief risk officer, respectively, in the Amsterdam office.
 
Previously, de Jong was the head of Benelux sales and solutions for Lombard Odier. Prior to this, she was an executive director in the Structured Solutions Group of Nomura, based in London, and held positions at Morgan Stanley and Merrill Lynch in their institutional equity divisions. She has more than 15 years’ investment experience.
 
McMullen says: “We are delighted to welcome Anna to the team at this important time for us in Europe. As we continue to deepen client relationships and gain new ones in Benelux and the Nordics, it is important to have experienced professionals with local expertise. Anna’s deep understanding of the needs and priorities of our clients will play a key role in our ability to successfully partner with them.”
 

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by