Corporate Moves
PGIM, Partners Group Cooperate on Multi-Asset Investing
The duo will provide strategies for institutional and individual investors.
Tag: PGIM
Corporate Moves
PGIM AUM Grows to $1.4T, Driven by Market Appreciation
In its earnings report for the year’s second quarter, Prudential also reported a slowdown in pension risk transfer mega-deals.
News
Asset Managers See Global Equities as Best Short-Term Asset
Over the next five years, a significant number of investors expect international stocks to be top performers, according to Bank of America’s June Global Fund Manager Survey.
Research
Deglobalization Has Portfolio Implications, per PGIM
According to research from the asset manager, the world is in an era of two tracks—the 25% now deglobalizing and the 75% still integrating into the world economy.
Newsmakers
Andrew Sullivan Named Next CEO of Prudential Financial
Sullivan, who oversees PGIM, will succeed Charles F. Lowrey in the role.
Newsmakers
Jacques Chappuis Appointed President, CEO of PGIM
Currently leading Morgan Stanley Investment Management, Chappuis will succeed David Hunt in May 2025.
Institutional Investors’ New Power Play: Expanded Sports Opportunities
With a variety of ‘new revenue opportunities,’ the sports sector—teams, leagues, stadiums, broadcasting rights and more—is reaching new heights.
Market Moves
Sports Investing Presents ‘Game Changer’ for Institutional Investors, per PGIM
Investors continue to pour into sports, buying teams and broadcasting rights from multiple leagues.
Asset Allocation
Why the Largest Allocators Are Focusing on Agriculture
Agriculture can yield a harvest of returns for patient, long-term investors.
Asset Allocation
60/40 is Still Resilient for Allocator Portfolios
Despite a positive correlation regime, bonds still belong in an institutional portfolio, PGIM says.
How Investors Are Utilizing Artificial Intelligence
Generative AI tools show promise but, for now, are mostly used for clerical tasks.
Asset Allocation
HBCUs Seek Opportunities to Bolster Endowments, per PGIM Report
A study by PGIM and the United Negro College Fund suggested that historically Black institutions could pool endowments to access more investment opportunities.
Newsmakers
PGIM Investments Appoints Carlino Global Head of Alternative Investments
The former alts leader at Merrill Lynch will assume a newly created position at the firm.
Corporate Moves
PGIM Real Estate Promotes Cathy Marcus, Raimondo Amabile to Co-CEO Roles
The duo will retain their current duties under former CEO Eric Adler, who will helm newly formed PGIM Private Alternatives.
So When Will Stocks and Bonds Un-Link?
It’s a rarity for the two main asset classes, almost always negatively correlated, to perform a duet. Here’s what allocators can do about that.