Jennison Associates, the fundamental active equity and fixed income manager of PGIM, the US$1.3 trillion1 global asset management business of Prudential Financial, Inc. (NYSE: PRU), has added experienced hires to its client portfolio management and institutional business development teams in London. Jennison has US$207 billion in assets under management worldwide2.
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Nick Samuels, Client Portfolio Manager, EMEA, Jennison (Photo: Business Wire)
Nick Samuels, managing director and client portfolio manager, EMEA, and Stephen Corr, CFA® managing director, business development, EMEA, both joined Jennison on April 1, 2024.
Samuels supports Jennison’s client relationships across Europe, the Middle East and Africa (EMEA). He previously worked in several client- and research-focused roles throughout his nearly 25-year investment career, most recently as head of manager research at Redington, one of the largest investment consultancies in the UK. Samuels started his career on the emerging market equity team at Schroders, and prior to Redington was a global equity researcher at SEI Investments. He reports to Raj Shant, managing director and lead client portfolio manager for EMEA.
“For more than 50 years, Jennison’s bottom-up, fundamental approach has uncovered meaningful investment opportunities for clients,” said Shant. “Nick’s in-depth knowledge of investment products and his experience solving client challenges will be a strong asset for us as we engage and deepen relationships with clients across Europe.”
Corr brings 25 years of industry experience and comes to Jennison from Baillie Gifford, where he served as an investment director for international and global strategies. Prior, Corr held portfolio manager positions at Nikko Asset Management, Scottish Widows Investment Partnership, and BlackRock. He has worked in a number of client engagement-focused roles throughout his extensive career in asset management. Given his deep background in working with clients, Corr will be responsible for the development and management of relationships with institutional investors across EMEA. He reports to Lori McEvoy, managing director and global head of distribution for Jennison.
“Over the last few years, Jennison has been dedicated to strengthening our investment capabilities and client service as the business focuses on global growth,” said McEvoy. “Stephen’s experience is the perfect fit to help us meet increased demand from clients and expose a broader audience to our unique investment insights and expertise.”
Jennison will be making further strategic hires to its investment team both in the US and Asia over the coming months.
ABOUT JENNISON ASSOCIATES LLC
Founded in 1969, Jennison Associates offers a range of equity and fixed income investment strategies. Its equity expertise spans styles, geographies and market capitalisations. Its fixed income capability includes investment-grade active and structured strategies of various durations. Original fundamental research, specialised investment teams, strong client focus, and highly experienced investment professionals are among the firm’s competitive distinctions. As of March 31, 2024, Jennison managed $207 billion in client assets.
Jennison is an affiliate manager of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). For more information, please visit jennison.com.
ABOUT PGIM
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US$1.3 trillion in assets under management as of 31 December 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
Jennison operates primarily through Jennison Associates LLC, a registered investment adviser under the US Investment Advisers Act of 1940 as amended. Registration as a registered investment adviser does not imply a certain level or skill or training. Jennison is headquartered in New York, NY. Jennison’s London based team operates through PGIM Limited. In the United Kingdom, information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418).
In the United Kingdom, this information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418). In the European Economic Area (“EEA”), this information may be issued by PGIM Netherlands B.V., PGIM Limited or PGIM Luxembourg S.A. depending on the jurisdiction. PGIM Netherlands B.V., with registered office at Gustav Mahlerlaan 1212, 1081 LA, Amsterdam, The Netherlands, is authorised by the Autoriteit Financiële Markten (“AFM”) in the Netherlands (Registration number 15003620) and operates on the basis of a European passport. PGIM Luxembourg S.A., with registered office at 2, boulevard de la Foire, L-1528 Luxembourg, is authorised and regulated by the Commission de Surveillance du Secteur Financier (the “CSSF”) in Luxembourg (registration number A00001218) and operating on the basis of a European passport. In certain EEA countries, this is a financial promotion, where permitted, presented by PGIM Limited in reliance of provisions, exemptions or licences available to PGIM Limited under temporary permission arrangements following the exit of the United Kingdom from the European Union. These materials are issued by PGIM Limited, PGIM Netherlands B.V. and/or PGIM Luxembourg S.A. to persons in the UK who are professional clients as defined under the rules of the FCA and/or to persons in the EEA who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II). In certain countries in Asia-Pacific, this information is issued by PGIM (Singapore) Pte. Ltd. with registered office: 88 Market Street, #43- 06 Capita Spring, Singapore 048948. PGIM (Singapore) Ptd. Ltd. is a Singapore investment manager registered with and licensed by the Monetary Authority of Singapore (Licence No. CMS100017) (“MAS”). In Hong Kong, this information is issued by PGIM (Hong Kong) Limited with registered office: Units 4202-4203, 42nd Floor Gloucester Tower, The Landmark, 15 Queen’s Road Central Hong Kong. PGIM (Hong Kong) Limited is a corporation regulated by the Securities & Futures Commission of Hong Kong (AAH625) (“SFC”) and all information in respect of funds is directed solely at professional investors as defined in Section 1 of Part 1 of Schedule 1 of the Securities and Futures Ordinance of Hong Kong (“SFO”).
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1 As of 31 December 2023
2 As of 31 March 2024
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Contacts
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Leah Pappas
973-856-5709
leah.pappas@pgim.com
Nina Jaksic
+44 (0) 7816 350100
nina.jaksic@pgim.com