PGIM Completes Acquisition of Deutsche Bank’s Asset Management Business in India
PGIM Real Estate | March 08, 2016
NEWARK, N.J.--(BUSINESS WIRE)--PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE:PRU), has completed its previously announced acquisition of Deutsche Bank’s Indian asset management business through its Mumbai-based affiliate. With $963 billion in assets under management as of Dec. 31, 2015, PGIM ranks among the world’s largest investment management companies.