- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- DE United States of America
- IPO Date
- Dec 4, 2018
- Business
- PGIM ETF Trust - PGIM Quant Solutions Strategic Alpha International Equity ETF (PQIN) operates as an actively managed exchange-traded fund that provides exposure to a portfolio of developed-market international stocks selected through quantitative strategies seeking long-term capital growth and outperformance of the MSCI EAFE Index. The ETF, issued under PGIM ETF Trust, focuses on total market equity investments across approximately 407 holdings, with assets under management previously reaching around $23.81 million. PGIM Quantitative Solutions, the quantitative investment arm of PGIM and sub-adviser for such strategies, employs factor investing, behavioral bias analysis, momentum approaches, unstructured data, and ESG integration in its equity solutions.
Core offerings encompass actively managed equity ETFs emphasizing international developed markets; quantitative multi-asset solutions; commodity strategies; buffer and laddered buffer ETFs providing downside protection with upside access (such as 12% and 20% buffer options); and fixed income ETFs targeting investment-grade corporate bonds across short, intermediate, and long durations (e.g., PCS, PCI, PCL). PGIM Quantitative Solutions, founded in 1975 as QMA and headquartered in Newark, New Jersey, manages over $111 billion in assets, serving institutional clients including investment companies, pension plans, insurance firms, and sovereign wealth funds through discretionary and non-discretionary accounts. Operations span global financial centers across 16 countries on five continents, with PGIM ETF Trust legally domiciled in Wilmington, Delaware.
In recent developments, PQIN liquidated in January 2023, with trading ceasing on January 10, 2023, as part of portfolio rationalization amid low assets. PGIM Quantitative Solutions bolstered its capabilities through the acquisition of London-based Wadhwani Asset Management (expected close in early 2020s), adding macro-focused quant products, risk premia strategies, and enhanced non-U.S. presence while retaining operational autonomy. In 2025, PGIM expanded its ETF lineup with three actively managed fixed income ETFs (PCS, PCI, PCL) offering total return via corporate bonds, two buffer ETF series, laddered buffer funds, and additional equity/multi-asset products, growing the platform to over 50 equity/multi-asset/buffer ETFs and 13 fixed income ETFs with $17.1 billion in AUM; PGIM also formed a strategic partnership with Partners Group for multi-asset portfolio solutions combining public/private assets.