Prudential Financial Inc. has announced a record quarterly profit that surpassed analysts' expectations, largely due to a significant 10% increase in net investment income. This impressive performance highlights the company's successful strategy in investing in alternative assets, which has proven to be a lucrative decision. Such results not only reflect Prudential's strong financial health but also signal confidence in the broader investment landscape, making it an important development for investors and the market.

Prudential Financial has reported a significant increase in earnings for the third quarter, driven by favorable market conditions and a rise in net inflows of client funds. This positive performance highlights the company's ability to capitalize on market opportunities, which is crucial for its growth and stability in the financial sector.