Building a Better Portfolio
This paper examines how liquidity measurement and cash flow management is integrated into a multi-asset, multi-period portfolio construction process.
Michelle (Yu) Teng is a Vice President in PGIM’s Institutional Advisory & Solutions (IAS) group. She joined IAS from the Investment & Pension Solutions group in Prudential Retirement, where she focused on developing and delivering innovative solutions for the company’s institutional clients. Michelle was previously an Assistant Vice President at Bank of America Merrill Lynch, where she was responsible for building quantitative models in Global Markets. Ms. Teng received a Ph.D. in Electronic and Electrical Engineering from UCL (University College London) and an MBA from Tuck School of Business at Dartmouth. She holds the Chartered Financial Analyst® designation.