Prudential Financial has restructured its two domestic mutual fund families, the company said today. The firms fund lineup is divided into two groups, Jennison/Dryden and Strategic Partners.
The Jennison/Dryden family will include funds that are sub-advised by Prudential Investment Managements public equity and fixed-income asset management units, including Jennison Associates, Prudential Fixed Income and the Quantitative Management team.
The Strategic Partners family includes research-driven, sub-advised mutual funds. It was created in 2000. The fund family uses complementary styles of more than one manager, Prudential said.