Prudential Global Asset Management names head

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Newark, N.J.--Prudential Global Asset Management has named Philip Schettewi as senior managing director of its fund management group, a new position. He will oversee all marketing and other aspects of Prudential Global Asset Management's fund business, which has more than $100 billion in retail and institutional fund assets under management. Previously, Mr. Schettewi was Prudential Global Asset Management's managing director-value equity team. Prudential Global Asset Management is a subsidiary of The Prudential Insurance Company of America.
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