PGIM Quantitative Solutions appoints Andy Wilmot as head of Strategic Relationships

NEWARK, N.J.--(BUSINESS WIRE)--
PGIM Quantitative Solutions (PGIM Quant), the quantitative, multi-asset and liquid alternatives specialist of PGIM, has appointed Andy Wilmot as head of Strategic Relationships. PGIM is the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

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Andy Wilmot, Head of Strategic Relationships, PGIM Quantitative Solutions (Photo: Business Wire)

In this newly created role, Wilmot will spearhead the firm’s relationship with its strategic partners and help identify new commercial opportunities across the firm’s product suite. As part of his mandate to broaden the firm’s market positioning, Wilmot will be tasked with capitalizing on PGIM Quant’s annuities expertise and expanding its insurance and subadvisory businesses — both key growth areas for the firm. He will report to Brian Carroll, head of Global Distribution at PGIM Quant.

“At PGIM Quant, we pride ourselves on our agility and ability to solve beyond alpha for our clients in a way that also recognizes new growth areas for the firm,” said Carroll. “We’re thrilled to have Andy on board to help build upon the marketplace awareness of our capability set.”

Wilmot brings decades of financial services experience and a successful record of accomplishments in asset management distribution strategy, leadership and sales across intermediary, institutional and retirement channels. Most recently, he served as head of U.S. Subadvisory and managing director at Allianz Global Investors. Prior, Wilmot held several senior leadership positions at Neuberger Berman and Merrill Lynch.

“PGIM Quant is poised for growth and perfectly positioned to solve for evolving client needs and challenges via its time-tested ‘art and science’ investment approach,” said Wilmot. “I look forward to helping the team build on the shift in demand in the annuities market and identifying additional commercial opportunities for the firm.”

ABOUT PGIM QUANTITATIVE SOLUTIONS

PGIM Quantitative Solutions is the quantitative, multi-asset and liquid alternatives specialist of PGIM. For more than 45 years, PGIM Quant Solutions has helped investors around the world solve their unique needs by leveraging the power of technology and data as well as advanced academic research. PGIM Quant Solutions manages portfolios across equities, multi-asset and liquid alternatives and also offers defined contribution solutions. As of Dec. 31, 2022, PGIM Quant Solutions managed $86 billion in client assets. For more information, please visit pgimquantitativesolutions.com.

ABOUT PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with more than $1.2 trillion in assets under management as of Dec. 31, 2022. 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.

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Source: PGIM