AST announces management changes to investment-grade portfolios

By Toni Weeks

San Luis Obispo, Calif., Feb. 26 - Advanced Series Trust announced portfolio management changes to some of its portfolios, according to a 497 filing with the Securities and Exchange Commission.

Effective immediately, Richard Piccirillo has been added as a portfolio manager to the AST Prudential Core Bond Portfolio.

In addition, Erik Schiller and David Del Vecchio have been added as portfolio managers to the AST Investment Grade Bond Portfolio as well as to nine target maturity portfolios (AST Bond Portfolio 2015 through 2023).

Prudential Investments LLC is the investment manager to the AST Prudential Core Bond Portfolio and co-manager with AST Investment Services, Inc. for the AST Investment Grade Bond Portfolio. Both investment managers are based in Newark.

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