Prudential Investment Management tries to exercise prudent judgment when it comes to investing its clients' money. The company, a subsidiary of Prudential Financial, is one of the nation's largest institutional asset managers. It serves more than 3,000 clients, including corporations, endowments, foundations, insurance companies, and pension funds. It also serves high-net-worth retail customers. Prudential Investment Management possesses expertise in equities, public and private fixed income, private fixed income, real estate, and commercial mortgage investments. The company has some $470 billion in assets under management, approximately half of it invested in public fixed-income securities.