A Rising Private Asset Class: Core+ Real Estate Debt
CIOs managing a multi-asset portfolio may wonder how the specific cash flow dynamics of private core+ RE debt affect the portfolio’s liquidity and performance.
Real assets can play a vital role in institutional portfolios, and PGIM’s Institutional Advisory & Solutions (IAS) group has done extensive research estimating real asset sensitivities to both macroeconomic variables and traditional financial market performance.
Be sure to explore RASA® Interactive, a new tool that helps institutional investors successfully invest in real assets.
IAS’ original MBA-style case studies designed to address challenges from the perspective of an institutional CIO, such as liquidity risk with allocations to illiquid private assets, performance and liquidity tradeoffs in the portfolio and overall asset allocation decisions.
Cenland Corporation: The CIO and the Closing of the DB Plan
By Dr. Michelle (Yu) Teng — Dec 2019
A case study to address various asset allocation challenges a corporate DB plan CIO faces when the plan is closing.
Cenland Corporation (II): The CIO and the Freezing of the DB Plan
By Dr. Michelle (Yu) Teng — Dec 2020
A case study to address many challenges a corporate DB plan CIO faces when the plan is transitioning from a closed plan to a frozen plan in a lower-for-longer environment.
Head of Real Assets Research Program
Head of IAS
PGIM does not establish or operate pension plans.