QMA launches flexible ESG and active tax management SMA platform for RIAs
QMA, the quantitative equity and multi-asset solutions specialist of PGIM, the
Andrew Dyson, CEO, QMA (Photo: Business Wire)
PGIM Quant Select offers five advantages that have not previously been delivered in combination for separately managed account (SMA) clients: active multifactor investing, tax management, custom ESG solutions, innovative technology, and flexible account minimums starting at
“The future of the investment industry lies at the intersection of active management and customized solutions,” QMA’s chief executive officer Andrew Dyson said. “ESG investing is growing in popularity in the United States, but everyone’s definition of ESG is different, as are their sustainability goals. PGIM Quant Select takes a personalized approach to ESG, allowing advisors to align their clients’ investments with their values.”
Dyson continued, “With active quant at its core and flexible account minimums, PGIM Quant Select is democratizing ESG investing. We are opening up decades of institutional experience to a wider range of investors—all backed by the full capabilities of QMA.”
PGIM Quant Select seeks to deliver systematic solutions to individual investment problems, building portfolios based on a dynamic combination of factors. The new service draws from QMA’s 45 years of expertise providing quant-based solutions to institutional clients, harnessing fundamental insights built on academic and macroeconomic foundations.
The technology that powers PGIM Quant Select is designed specifically for ease of use, showcasing clear options for market exposure, tax expectations, and thematic and issue-driven sustainability with on-demand reporting. PGIM Quant Select allows clients to select their preferred level of ESG exposure. Customization includes specific stock restrictions and values-based investing options, which help investors align their portfolios with their personal beliefs.
Just Invest CEO Jonathan Hudacko said, “We are excited to partner with QMA and share their vision to bring institutional-level offerings to a broader market that is increasingly looking to align their investments with their personal values. Just Invest was built on that foundation and this is the perfect opportunity to offer advisors and their clients a service that delivers the best of modern finance that reflects the desires of investors and deepens the relationship between the advisor and investor.”
PGIM Quant Select will be available to RIAs by the end of 1Q 2021.
About QMA
QMA is a complete quantitative player. We draw from the latest market data to help guide our clients with specific risk and return needs through any economic climate. Our multifactor portfolios provide cost-efficient diversification, along with the collective wisdom that comes from decades of enhancements to our decision-making models.
QMA’s worldwide institutional client base includes corporate and public pension plans, endowments and foundations, multiemployer pension plans, and subadvisory accounts for other financial services companies. As of December 31, 2020, QMA had approximately
About PGIM
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU)
