Newsmakers
How Institutional Investors Should Approach Their Credit Allocations
A Q&A with Greg Peters, co-CIO of PGIM Credit.
The quiet month was preceded by a two-month, $7.6 billion investing spree.
The $260 billion pension giant also allocated $1.6 billion across a variety of investments in March.
The 2.2% investment performance did not seem to matter, although a Nasdaq eVestment report shows that the outflows were concentrated in a few large funds.
The pension fund committed nearly $500 million to real assets during the month.
The $280 billion retirement fund allocates the majority of its $4 billion in total monthly investments to real estate funds.
The pension fund increases its private equity investments while cashing out $500 million within its public equity portfolio.
Silos must be axed to enhance communication, argues strategist Rubin.