Equity Portfolio Manager Active Risk and Information Ratio
Do high active risk equity portfolio managers realize a higher (or lower) IR compared to low active risk managers?
Do high active risk equity portfolio managers realize a higher (or lower) IR compared to low active risk managers?
This paper describes and simulates a simple commitment pacing plan that is generic, flexible and can be tailored to meet many situations.
The RASA™ framework identifies commodities sensitive to high inflation or low growth and provides commodity weights to construct customized benchmarks.
In this paper, IAS explores a modification to the TA model in which a series of periodic growth rates are used to model distributions and valuations.
This paper examines how liquidity measurement and cash flow management is integrated into a multi-asset, multi-period portfolio construction process.
Using OASIS™ framework to help CIOs quantify the tradeoff between performance and constrains in an “End-State” DB portfolio with allocations to private assets.
Do high active risk equity portfolio managers realize a higher (or lower) IR compared to low active risk managers?
There is a wide mix of real asset funds, which complicates fund selection, using RASA™ investors can identify funds aligned with their investment objectives.
Using the IAS fair comparison framework, this publication explores the impact of choices an investor in private markets must make.
This paper describes and simulates a simple commitment pacing plan that is generic, flexible and can be tailored to meet many situations.
This paper examines public and private asset average performance during the VIX spike quarter and in the pre- and post-volatility spike periods.
We evaluate a new recession probability model that depends on economic and market inputs. The model tends to predict economic downturns but not equity declines.
The RASA™ framework identifies commodities sensitive to high inflation or low growth and provides commodity weights to construct customized benchmarks.
There is a place for gold-related assets in portfolios separate from commodities and energy equities for its diversification and macroeconomic hedging benefits.
A wide diversity in macroeconomic and market sensitivities across real asset classes and subsectors implies choice of assets differs with investment objectives.
PGIM’s IAS and Jennison discuss the role of energy equities and opportunities for investors during the energy transition.
PGIM and the Institute for Private Capital (IPC) joined together for a special research workshop which convened eight academics and practitioners.
PGIM’s IAS and PGIM Real Estate discuss role of agriculture, particularly farmland, in an institutional investor’s portfolio.
PGIM IAS provides insights on evaluating the role and composition of energy equities in transition.
Various ways to approach investing in agriculture and how allocating to agriculture may help improve outcomes in scenarios of concern.
PGIM IAS uses the example of alfalfa to show how farmland, can provide an answer to reducing greenhouse gas emissions.
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
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
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.
Vice President
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Principal and
Head of Real Assets Research Program
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Vice President
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Vice President
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Managing Director
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Senior Associate
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IAS Program Manager
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Managing Director,
Head of IAS
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PGIM does not establish or operate pension plans.