Pramerica Fixed Income has signed the United Nations-supported Principles for Responsible Investment. Pramerica Fixed Income, among the largest global fixed income managers, is a business of Prudential Financial, Inc. (NYSE:PRU), which is headquartered in the United States.
“We believe signing the Principles for Responsible Investment further aligns us with our clients’ investment objectives,” said James Sullivan, head of Pramerica Fixed Income. “Strong investment performance increasingly involves a framework in which to evaluate critical environmental, social, and governance issues.”
By signing the Principles for Responsible Investment, Pramerica Fixed Income joins a list of 1,357 signatories, including 884 asset managers, with approximately US$45 trillion in assets under management as of February 2015.
Pramerica Fixed Income, with $543 billion in assets under management as of December 31, 2014, offers institutional investors needs-based solutions across all fixed income markets, with a focus on credit strategies and liability-driven investing. The company has portfolio management and research teams in Newark, N.J.; London, Singapore and Tokyo. For more information, please visit http://www.pramericafi.com.
Pramerica Financial is a trade name used by Prudential Financial, Inc., a company incorporated and with its principal place of business in the United States, and its affiliates in select countries outside the United States. PFI (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of December 31, 2014, has operations in the United States, Asia, Europe, and Latin America. PFI’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., the company’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/ . PFI of the United States is not affiliated in any manner with Prudential plc, a company incorporated in the United Kingdom.
