Advanced Series Trust AST Academic Strategies Asset ... - Prudential
Advanced Series Trust AST Academic Strategies Asset ... - Prudential
Advanced Series Trust AST Academic Strategies Asset ... - Prudential
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Massachusetts Financial Services Company (MFS). MFS is the oldest U.S. mutual fund organization. MFS and its predecessor<br />
organizations have managed money since 1924 and founded the first mutual fund in the United States. MFS is a subsidiary of Sun<br />
Life of Canada (U.S.) Financial Services Holdings, Inc., which in turn is an indirect majority-owned subsidiary of Sun Life Financial<br />
Inc. (a diversified financial services company). The principal address of MFS is 500 Boylston Street, Boston, Massachusetts 02116.<br />
Net assets under management of the MFS organization were approximately $183 billion as of December 31, 2009.<br />
Mellon Capital Management Corporation (Mellon Capital). Mellon Capital located at 50 Fremont Street, Suite 3700, San Francisco,<br />
California 94105, serves as a Subadviser to <strong>Academic</strong> <strong>Strategies</strong> Portfolio. Mellon Capital, a wholly-owned, indirect subsidiary of The<br />
Bank of New York Mellon Corporation, was established and registered with the SEC as an investment advisor in August of 1983.<br />
Mellon Capital offers global, quantitatively based investment strategies to corporate, government, and Trade Union retirement plans,<br />
endowments, foundations, and mutual fund distributors. Mellon Capital specializes in providing domestic and global asset allocation<br />
strategies, standard and enhanced indexing, active and passive fixed income strategies, alternative investments, currency strategies,<br />
and overlay strategies. As of March 31, 2010, Mellon Capital managed approximately $184.4 billion (including approximately $9.6<br />
billion in overlay assets) in assets under management.<br />
Neuberger Berman LLC (Neuberger). With a heritage dating from 1939, Neuberger is a majority employee-controlled company. As<br />
of December 31, 2009, Neuberger managed approximately $173 billion in assets. Neuberger’s address is 605 Third Avenue, New<br />
York, New York 10158.<br />
Pacific Investment Management Company LLC (PIMCO) a Delaware limited liability company, is a majority-owned subsidiary of<br />
Allianz Global Investors of America L.P., (“AGI LP”). Allianz SE (“Allianz SE”) is the indirect majority owner of AGI LP. Allianz SE is a<br />
European-based, multinational insurance and financial services holding company. As of December 31, 2009, PIMCO managed $1<br />
trillion in assets. PIMCO’s address is 840 Newport Center Drive, Newport Beach, California 92660.<br />
Parametric Portfolio Associates LLC (Parametric) is a registered investment adviser and majority-owned subsidiary of Eaton Vance<br />
Management. Parametric and its affiliate Parametric Risk Advisors managed a combined $32.9 billion in assets under management,<br />
with approximately 17,000 accounts as of December 31, 2009. Parametric’s address is 1151 Fairview Avenue North, Seattle, WA<br />
98109.<br />
<strong>Prudential</strong> Bache <strong>Asset</strong> Management (Bache). Bache is a an indirect, wholly-owned subsidiary of <strong>Prudential</strong> Financial, Inc. (PFI) and<br />
an operating company of PFI’s Global Commodities Group. It is registered with the US Securities Exchange Commission as an<br />
investment adviser and with the US Commodity Futures Trading Commission as a commodity trading advisor and a commodity pool<br />
operator. Bache is also a member of the National Futures Association. Bache’s principal place of business is One New York Plaza,<br />
13th Floor, New York, NY 10292.<br />
<strong>Prudential</strong> Investment Management, Inc. (PIM) is an indirect, wholly-owned subsidiary of <strong>Prudential</strong> Financial, Inc. As of December<br />
31, 2009 PIM had approximately $269 billion in assets under management. PIM’s address is Gateway Center Two, 100 Mulberry<br />
Street, Newark, New Jersey 07102.<br />
Shareholders of <strong>AST</strong> Aggressive <strong>Asset</strong> Allocation Portfolio, <strong>AST</strong> Balanced <strong>Asset</strong> Allocation Portfolio, <strong>AST</strong> Capital Growth <strong>Asset</strong><br />
Allocation Portfolio, <strong>AST</strong> Preservation <strong>Asset</strong> Allocation Portfolio and <strong>AST</strong> <strong>Advanced</strong> <strong>Strategies</strong> Portfolio voted to approve a proposal<br />
permitting PIM to act as a Subadviser for each of the Portfolios pursuant to a subadvisory agreement with the Investment Managers.<br />
The Investment Managers have no current plans or intention to utilize PIM to provide any investment advisory services to any of the<br />
Portfolios. Depending on future circumstances and other factors, however, the Investment Managers, in their discretion, and subject<br />
to further approval by the Board, may in the future elect to utilize PIM to provide investment advisory services to any or all of the<br />
Portfolios.<br />
<strong>Prudential</strong> Real Estate Investors. PREI ® is a business unit of <strong>Prudential</strong> Investment Management, Inc. (PIM), which in turn is an<br />
indirect wholly-owned subsidiary of <strong>Prudential</strong> Financial, Inc. PREI, comprised of fund management centers in the United States in<br />
Parsippany, N.J., Atlanta, Ga., and globally in Munich, London, Singapore and Mexico City, is supported by a network of local offices<br />
throughout the world. Its specialized operating units offer a broad range of real estate investment opportunities and investment<br />
management services in the United States, Europe, Asia and Latin America. PREI ® managed $42.5 billion in gross assets ($22.9 billion<br />
in net assets) as of December 31, 2009.<br />
Pyramis Global Advisors, LLC (Pyramis). Pyramis is an indirect wholly-owned subsidiary of FMR LLC. As of December 31, 2009,<br />
Pyramis Global Advisors, LLC and its Pyramis Group affiliates managed approximately $152 billion in assets worldwide. Pyramis is<br />
located at 900 Salem Street, Smithfield, Rhode Island 02917.<br />
Quantitative Management Associates LLC (QMA) is a wholly owned subsidiary of <strong>Prudential</strong> Investment Management, Inc. (PIM).<br />
QMA manages equity and balanced portfolios for institutional and retail clients. As of December 31, 2009, QMA managed<br />
approximately $70 billion in assets, including approximately $26 billion that QMA, as a balanced manager, allocated to investment<br />
286