The world is growing old at a rapid pace. Here are ways to invest for a gray future
U.S. population growth decelerated in 2020 and even further last year, to the slowest pace in the 246-year history of the nation, according to census data.
Newark, NJ, United States
Taimur Hyat is the Chief Operating Officer for PGIM. PGIM manages public equity, public fixed income, real estate, private credit and other alternative strategies for a broad array of institutional and retail clients. Mr. Hyat has global oversight for Strategy, ESG, Thematic Research, Operations & Innovation, Marketing and Communications across PGIM. He also oversees the Institutional Advisory & Solutions group, which provides portfolio-level advice to institutional clients globally.
Mr. Hyat joined PGIM from Credit Suisse Asset Management, where he was global Head of Strategy & Product Development, as well as a member of the Operating Committee. Prior to Credit Suisse, he was Head of Joint Ventures and Americas Strategy for Lehman Brothers. Earlier in his career he was an associate partner at McKinsey & Company in New York.
Mr. Hyat received a Ph.D. in Economics from Oxford University, where he was also a Lecturer in Economics at St John's College.