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PGIM Quantitative Solutions Strengthens London Team With Senior Appointment

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PGIM Quantitative Solutions has appointed Dr. Apostolos Katsaris as senior client portfolio manager for the PGIM Wadhwani investment platform in London. Dr. Katsaris, who reports to Dr. Sushil Wadhwani, aims to strengthen client relationships amid challenging market conditions. He brings extensive experience from roles at CdR Capital and Albourne Partners. PGIM manages approximately US$1.3 trillion in assets, with PGIM Quantitative Solutions overseeing about US$91.5 billion as of June 30, 2022.

Positive
  • Appointment of Dr. Apostolos Katsaris enhances client relationship management.
  • Dr. Katsaris has significant experience in quantitative investment solutions.
  • PGIM Quantitative Solutions manages approximately US$91.5 billion in assets.
Negative
  • None.

LONDON--(BUSINESS WIRE)-- PGIM Quantitative Solutions (PQS), the quantitative and multi-asset solutions specialist of PGIM, has strengthened its London based team with the appointment of Dr. Apostolos Katsaris as senior client portfolio manager for the PGIM Wadhwani investment platform, effective immediately. PGIM is the US$1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

Dr. Apostolos Katsaris, Senior Client Portfolio Manager, PGIM Wadhwani (Photo: Business Wire)

Dr. Apostolos Katsaris, Senior Client Portfolio Manager, PGIM Wadhwani (Photo: Business Wire)

Based in London, Dr. Katsaris reports to Dr. Sushil Wadhwani, chief investment officer for PGIM Wadhwani. In this newly created role, Dr. Katsaris will enhance relationships with clients and prospects on behalf of the firm.

Dr. Wadhwani comments: “We are delighted to welcome Apostolos to the team, his deep expertise in diversifying, quantitative, investment solutions means he is well-positioned to guide our clients around the world through this challenging market environment, aiming to help add ballast to their portfolios. I look forward to working with him closely as we continue to grow the business.”

Dr. Katsaris joins from London-based CdR Capital, where he was group chief investment officer and oversaw the investment process for their wealth business and the multi-asset systematic fund of CdR Asset Management. Prior to this, he was partner and head of Dynamic Beta at Albourne Partners, a leading independent investment consultant for alternatives; head of Quantitative Research at Caliburn Capital Partners; and consultant, Risk Management, Fund of Hedge Funds at Schroders. Before joining the industry he was an academic with his research focusing on speculative bubbles and financial crashes.

Dr. Katsaris comments: “This is an exciting time to join PGIM Wadhwani. I look forward to working with the team as we continue to build our global client relationships.”

ABOUT PGIM QUANTITATIVE SOLUTIONS & PGIM WADHWANI
As the quantitative equity and multi-asset solutions specialist of PGIM, PGIM Quantitative Solutions seeks to help solve complex investment problems with custom systematic solutions across the risk/return spectrum. Our modular portfolio construction simplifies our design of client-specific solutions. We can customize down to the stock level for portfolio considerations, with product offerings that range from core solutions and systematic macro to multi-asset portfolios and overlays. All of our options can be harnessed to provide stable return streams uncorrelated with existing strategies.

PGIM Quantitative Solutions manages portfolios for a worldwide institutional client base, including corporate and public pension plans, endowments and foundations, multiemployer pension plans, and subadvisory accounts for other financial services companies. As of June 30, 2022, PGIM Quantitative Solutions had approximately US$91.5 billion in assets under management.

PGIM Wadhwani LLP was founded in October 2002 as Wadhwani Asset Management (WAM) by Dr. Sushil Wadhwani, CBE. Investment operations commenced in January 2003. PGIM Wadhwani is a London-based asset management company, authorized and regulated by the Financial Conduct Authority (219900), which specializes in systematic/quantitative macro investing. The diversifying strategies offered aim to do well during periods when equity markets are struggling.

ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.3 trillion in assets under management as of 30 June 2022. With offices in 17 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.

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 European Economic Area (“EEA”), information is issued by PGIM Netherlands B.V. with registered office: Gustav Mahlerlaan 1212, 1081 LA Amsterdam, The Netherlands. PGIM Netherlands B.V. is authorised by the Autoriteit Financiële Markten (“AFM”) in the Netherlands (Registration number 15003620) and operating on the basis of a European passport. In certain EEA countries, information is, where permitted, presented by PGIM Limited in reliance of provisions, exemptions or licenses 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 and/or PGIM Netherlands B.V. to persons who are professional clients as defined under the rules of the FCA and/or to persons who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II).

PGIM, PGIM Quantitative Solutions logo and the Rock design are service marks of PFI and its related entities, registered in many jurisdictions worldwide.

© 2022 PGIM Quantitative Solutions. All Rights Reserved.

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Source: PGIM Quantitative Solutions

FAQ

Who is Dr. Apostolos Katsaris in relation to Prudential Financial?

Dr. Apostolos Katsaris has been appointed as senior client portfolio manager for the PGIM Wadhwani investment platform.

What is PGIM's total assets under management?

PGIM manages approximately US$1.3 trillion in assets as of June 30, 2022.

What role will Dr. Katsaris play at PGIM Wadhwani?

Dr. Katsaris will focus on enhancing relationships with clients and prospects.

When did Dr. Katsaris start his role at PGIM Wadhwani?

Dr. Katsaris's appointment is effective immediately.

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