The Prospect of Fed Tapering and the State of Play for Economic Recovery
David Hunt joins Yahoo Finance’s “Market Open” to discuss the Fed’s taper plans and the road to global economic recovery.
Newark, NJ, United States
David A. Hunt is President and Chief Executive Officer of PGIM, a top-10 global asset manager¹ across public and private asset classes. Mr. Hunt oversees all aspects of the asset management businesses, including its public fixed income, real estate, public equity, private fixed income, and mutual fund units.
Before joining PGIM, Mr. Hunt was a Senior Partner at McKinsey & Company and co-leader of its North American Asset Management practice. Mr. Hunt was at McKinsey for 22 years and served as a key advisor to leading financial executives worldwide. For five years, he was based in Europe and worked extensively in Asia. Mr. Hunt serves on the Executive Committee of the Board of Directors for Lincoln Center for the Performing Arts and is a life member of the Council on Foreign Relations. He also serves on the Board of Directors for the Toigo Foundation, an organization devoted to diversity in the investment management business.
He earned a Bachelor’s degree in Engineering from Princeton University and a Master of Business Administration degree in Finance and Multinational Management from the University of Pennsylvania’s Wharton School.
All data (unless otherwise noted) is as of 06/30/2021.
1. PGIM is the investment management business of Prudential Financial, Inc. (PFI); PFI is the 10th largest investment manager (out of 477 firms surveyed) in terms of global assets under management based on Pensions & Investments’ Top Money Managers list published on 5/31/2021. This ranking represents global assets under management by PFI as of 12/31/2020.