Prudential Fixed Income has hired Gregory Peters, naming him a senior
portfolio manager who will work on its multi-sector strategy team, the
company announced today. Prudential Fixed Income, among the largest U.S.
fixed income managers, is a business of Prudential Financial, Inc.
(NYSE:PRU)
Peters, who most recently created and led Morgan Stanley’s cross-asset
and asset allocation department, will join the firm in February. As
previously announced, Kay Willcox will be retiring from the multi-sector
team in the second half of 2014.
In 2007, Peters was among the first to warn of an impending financial
crisis and has been credited in the asset management industry as an
outstanding strategist. While at Morgan Stanley, he created asset
allocation views and investment strategies for institutional investors
and created portfolio solutions across asset classes.
“Greg’s market insight and investment experience augment the skills
vital to our flagship strategies and enhance our research-driven
investment process,” said James Sullivan, head of Prudential Fixed
Income.
Before Peters became head of global/macro and chief global cross asset
strategist at Morgan Stanley, he was global head of fixed income
research and economics and had served as head of U.S. credit research.
Before that, he worked on Salomon Smith Barney’s corporate bond
strategy, after working as a mortgage-backed securities analyst and in
risk management. He also worked for the U.S. Treasury as a bank
regulator who specialized in distressed loan workouts and examined the
quality of assets.
Peters holds a bachelor’s degree in finance from the College of New
Jersey and an MBA from Fordham University.
Prudential Fixed Income, with $405 billion in assets under management as
of December 31, 2013, offers institutional investors needs-based
solutions across all fixed income markets, with a focus on credit
strategies and liability-driven investing. Prudential Fixed Income has
portfolio management and research teams in Newark, N.J.; London and
Singapore. For more information, please visit http://www.prudentialfixedincome.com.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with
more than $1.1 trillion of assets under management as of December 31,
2013, has operations in the United States, Asia, Europe, and Latin
America. Prudential’s diverse and talented employees are committed to
helping individual and institutional customers grow and protect their
wealth through a variety of products and services, including life
insurance, annuities, retirement-related services, mutual funds and
investment management. In the U.S., Prudential’s iconic Rock symbol has
stood for strength, stability, expertise and innovation for more than a
century. For more information, please visit www.news.prudential.com.
Copyright Business Wire 2014