Prudential Financial, Inc. (PRU, Financial) has released a quarterly update ahead of its scheduled earnings report, revealing significant details about its PGIM segment. As of September 30, 2024, the assets under management (AUM) for PGIM, Prudential's global investment management business, reached an impressive $1.400 trillion.
This disclosure comes as part of Prudential's commitment to transparency and provides investors with an early insight into the company's financial health prior to the full quarterly earnings release, which is scheduled for October 30, 2024. The substantial AUM figure underscores the strength and scale of PGIM, positioning it as a key player in the global investment management landscape.
Investors and stakeholders are encouraged to stay tuned for the upcoming earnings release, which will provide a more comprehensive view of Prudential Financial's overall performance and strategic direction.
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