Advanced Series Trust AST Academic Strategies Asset ... - Prudential

MBA from the University of Pennsylvania’s Wharton School of Finance.
Mark Bourguignon joined the Subadviser its predecessor companies in 2003 and has 13 years of investment industry experience.
From 2001 to 2002, he was a research analyst at Option Advantage Partners, LP.
Marina Chinn, CFA joined the Subadviser or its predecessor companies in June 2005 and has 9 years of investment industry
experience. From January to March 2005, she was a vice president and investment banker at Citigroup Global Corporate and
Investment Bank (“Citigroup”) and from August 2001 to December 2004, she was an associate and investment banker at Citigroup.
Mark Feasey, CFA, joined the Subadviser or its predecessor companies in 2005 and has 14 years of investment industry experience.
From 2002 to 2005, he was an equity analyst at Hotchkis and Wiley Capital Management.
Michael Kang joined the Subadviser or its predecessor companies in 2004 and has 12 years of investment industry experience. In
January 2003, Mr. Kang joined Carlin Financial Group as a proprietary trader and prior to that, he was a global technology analyst at
Montgomery Asset Management.
AST Tactical Asset Allocation Portfolios
AST CLS Growth Asset Allocation Portfolio
AST CLS Moderate Asset Allocation Portfolio
AST Horizon Growth Asset Allocation Portfolio
AST Horizon Moderate Asset Allocation Portfolio
Subject to the description of the investment process for the Tactical Asset Allocation Portfolios contained in this Prospectus, Brian K.
Ahrens, is primarily responsible for the day-to-day management of each Tactical Asset Allocation Portfolio, including the
establishment and interpretation of investment guidelines for the Tactical Asset Allocation Portfolios, and the selection of weighted
combinations of Underlying Fund Portfolios for each “core” investment category for the Tactical Asset Allocation Portfolios. Mr.
Ahrens is a Senior Vice President and Head of the Strategic Investment Research Group of Prudential Investments. He focuses on
portfolio risk oversight, manager fulfillment, and the allocation of assets among managers. Mr. Ahrens oversees a staff of 17
investment professionals who focus on investment consulting, portfolio construction, and risk oversight activities. Currently, this team
consults on over $110 billion in total assets and assists in the management of almost $20 billion in asset allocation portfolios. Mr.
Ahrens has been with Prudential for over 15 years. Mr. Ahrens earned his M.B.A. in Finance from the Stern School of Business at
New York University. He graduated from James Madison University with a double major in Finance and German. He is series 7,
series 24 and series 63 certified, CIMA certified, and presently a candidate for the CFA.
AST CLS Growth Asset Allocation Portfolio & AST CLS Moderate Asset Allocation Portfolio:
CLS utilizes a team approach for setting target asset allocations and selecting Underlying ETFs for the AST CLS Growth Asset
Allocation Portfolio and the AST CLS Moderate Asset Allocation Portfolio as described in this Prospectus, and from the team each CLS
portfolio is assigned a lead and co-manager. The CLS portfolio management team includes: Robert Jergovic CFA, Scott Kubie CFA,
and J.J.Schenkelberg CFA.
Mr. Jergovic, Chief Investment Officer of CLS, is primarily responsible for research and analysis of the financial markets. Mr. Kubie,
Executive Vice President and Chief Investment Strategist of CLS, is responsible for the implementation of the risk budgeting
methodology.
Mr. Jergovic has worked for CLS since 2000. Prior to joining CLS Investments, LLC, Mr. Jergovic served as a registered representative
for PFG Distribution Company (1998-1999) and Vice President of Investment Management and Assistant Treasurer for Guarantee Life
Insurance Company (1994-2000).
Mr. Kubie has worked for CLS since March 2001 as Chief Strategist with CLS and its predecessor. Mr. Kubie also teaches Principles of
Investments at the University of Nebraska - Omaha.
Ms. Schenkelberg is Senior Portfolio Manager at CLS. Ms. Schenkelberg joined CLS in 2004. She received an MBA from Creighton
University.
AST Horizon Growth Asset Allocation Portfolio & AST Horizon Moderate Asset Allocation Portfolio:
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