Alternatives

Alpha Opportunities

1132579781

Investment Objective

PGIM Fixed Income's Alpha Opportunities Strategy is a market neutral, relative value, long-short strategy investing primarily across credit, rates, FX, equity and volatility . The Strategy seeks to maximize total return on a risk-adjusted basis.1

Investment Philosophy

The Strategy's investment philosophy and approach seeks to capitalize on our relative value expertise and express our "best ideas" in fixed income. The Strategy utilizes its risk management framework to focus risk in areas with the highest potential reward while limiting downside risk. 

Investment Process

PGIM Fixed Income's Alpha Opportunities Strategy seeks investment opportunities through five trading sub-strategies that use a mix of fundamental and quantitative analysis. The primary focus of each sub-strategy is relative value within the fixed income markets, and all are managed to be uncorrelated to the market over time. 

Features of the Alpha Opportunities Strategy include:

  • Diversified sources of alpha with a focus on sector and security selection
  • Implementation of PGIM Fixed Income best ideas in long/short relative value format
  • Prudent use of leverage commensurate with strategy objective

1 There is no guarantee that these objectives will be met.

No risk management technique can guarantee the mitigation or elimination of risk in any market environment.

Source: PGIM Fixed Income as of March 31, 2025

Thank you for your interest in PGIM Fixed Income.

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