PGIM Investments appoints head of international distribution
PGIM Investments has announced the appointment of Matt Shafer as head of international distribution.
The role, which commenced on 1 December, would have him lead growth plans in wholesale and retail markets in the Asia Pacific, Europe, and Latin America.
Shafer joined from BNY Mellon Investment Management and was previously with Natixis Investment Managers.
In his new role, he would report to PGIM Investments CEO and president Stuart Parker and have executive oversight of international distribution strategy and would be responsible for broadening PGIM Investments’ relationship with wealth managers, funds, private banks, and other distributors.
“Matt’s wealth of experience and expertise in the asset management industry will be integral to our next stage of growth as we continue invest in our international teams and expand our range of products and capabilities,” Parker stated.
The global asset management business offered more than 100 funds globally across a broad spectrum of asset classes and investment styles, Shafer noted.
“PGIM Investments has a uniquely powerful position offering active, high-conviction investment capabilities across a multitude of asset classes that have been developed to meet the needs of today’s investors,” he said on his appointment.
“I am joining the firm at a hugely exciting time and am looking forward to partnering with clients and prospects to offer them a compelling proposition of high quality products across alternatives, fixed income, and equity strategies.”
AUTHOR
Rhea Nath
Recommended for you
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
