Prudential Annuities Enhances Investment Platform (Business Wire)

Wednesday July 23, 10:09 am ET The Highest Daily Company(SM) leverages alternative asset classes and strategies in two of three new investment options NEWARK, N.J.--(BUSINESS WIRE)--Following a tradition of innovation within the variable annuity industry, Prudential Annuities, the domestic annuity business for Prudential Financial, Inc. (NYSE:PRU - News ) today introduced three new turnkey asset allocation investment options. Two of the new portfolios incorporate alternative asset classes as part of their core holdings. The new portfolios, which involve relationships with new and existing investment subadvisor firms, will further strengthen the company’s innovative investment platform – now featuring 18 asset allocation options . “We’re continuing to expand our investment options to provide broad flexibility that can work in... [read full story]