Interest Rate Risk Comes to the Fore
How the COVID-19 pandemic has brought interest rate risk to the forefront and how liability-driven investing can serve as a potential solution.
In a recent article from PLANADVISER, PGIM’s Head of Institutional Defined Contribution, Josh Cohen, examines how the COVID-19 pandemic will likely exacerbate economic inequality in the U.S., and emphasizes the importance of defined contribution plans for middle class Americans who are looking to build wealth over time and secure a better financial future.
How the COVID-19 pandemic has brought interest rate risk to the forefront and how liability-driven investing can serve as a potential solution.
In times of crises, being a fiduciary responsible for providing Defined Contribution (DC) plans for employees is especially critical.
While there are many people talking about alternative investment strategies, the low-hanging fruit is to look to the DC market as the obvious place to focus.
PGIM does not establish or operate pension plans.