PGIM strengthens European presence with hires in Benelux, Switzerland and UK
PGIM strengthens European presence with hires in Benelux, Switzerland and UK
PGIM Investments continues its European expansion by adding a dedicated team to cover the Benelux region, along with additions in Switzerland and London. PGIM Investments is the global manufacturer and fund distributor of PGIM Inc., the US$1.3trn global investment management business of Prudential Financial, Inc. (NYSE: PRU).
The group has hired Yvo van der Pol, based in PGIM’s Netherlands office, to focus on growing the firm’s presence with global, regional and local private banks and financial intermediaries across Belgium, the Netherlands and Luxembourg. In addition, Robin Diener joins the recently established team in Zurich to continue the build-out of the local presence in Switzerland. In London, Alastair Warren has been appointed to support the firm’s business across the UK and Nordics.
Van der Pol joins from Goldman Sachs Asset Management, where he was an executive director responsible for growing the distribution footprint across Benelux for nine years. Prior to this, van der Pol held senior sales roles at Societe Generale Asset Management and Robeco Asset Management, focused on the Dutch market. Van der Pol reports to Kimberly LaPointe, head of PGIM Investments International.
Diener also joins from Goldman Sachs Asset Management, where he helped build the client base in the Swiss-German wholesale market. He reports to Pascal Weber, who joined PGIM Investments earlier this year to bolster the firm’s presence in Switzerland. Warren joins from M&G Investments, where he was a client relationship manager, and reports to Charles Wilson, head of European accounts (UK & Nordics), PGIM Investments.
PGIM Investments’ expansion into Benelux follows the group’s establishment of a dedicated team covering Switzerland earlier this year, and Germany and Austria last year – increasing the total territories in Europe with devoted resources.
“Deepening our commitment to serving clients locally, with a dedicated presence for the Benelux region and additions to our Swiss and UK teams, reflects the demand we are seeing from clients,” commented LaPointe. “We believe PGIM Investments is well positioned to serve firms as they look to do business with fewer investment partners that offer best-in-class asset management capabilities across the globe and the resources to support their business through local support on the ground. We are delighted to welcome Yvo, Robin and Alastair to enhance the business in these key markets as we continue to strengthen client relationships across Europe.”
Launched in 2013, PGIM Investments’ UCITS offering – registered in 17 countries across Europe, Latin America and Asia – has grown from $1bn to $4.7bn over the past three years. The group has a 29-strong suite of equity and fixed income strategies, both traditional and alternative, including 12 funds in excess of $100m in AUM.