PGIM is comprised of autonomous asset management businesses each specializing in a particular asset class with a focused investment approach. This gives our clients diversified solutions with a global perspective.
PGIM Fixed Income discusses the dynamics that led our internal credit ratings on Mexico and Pemex below the average of the rating agencies, our outlook going forward, and how this view is expressed in our investment strategy.
Sources of data (unless otherwise noted) are as of 3/31/2019.
Alpha indicates the performance, positive or negative, of an investment when compared against an appropriate standard, typically a group of investments known as a market index. Real assets consist of investments and strategies in infrastructure, real estate, agriculture and timber.