INSTITUTIONAL ADVISORY & SOLUTIONS (IAS)

To help navigate today’s complex market environment, IAS delivers comprehensive portfolio-level advisory services to institutional clients worldwide and works closely with the PGIM Institutional Relationship Group to provide access to expertise across our asset managers. 

OUR EXPERTISE


The IAS team provides objective, data-informed analysis to help Chief Investment Officers and Investment Committees manage their portfolios. IAS offers an array of services that include: 

  • Advising institutions on asset allocation and portfolio construction
  • Delivering bespoke research, portfolio- and asset-level analysis, and multi-asset class strategic recommendations based on an institution’s specific objectives
  • Providing insights on institutional portfolio management through published research and other communication
  • Building proprietary tools and models, leveraging the resources across PGIM

CLIENT-FOCUSED CAPABILITIES 

PUBLICATIONS AND RESEARCH 

 

A Fair Comparison Framework: Risk and Reward in Private & Public Investments

By: Vishv Jeet, PhD, PGIM IAS

How can a CIO compare an investment with a higher expected return, but higher return uncertainty, with another investment with a lower expected return but lower risk? A natural way is to rank them based on their risk-adjusted returns. In this research paper, IAS offers a framework to help investors fairly compare private and public investment performance.

Asset Allocation for “End-State” Portfolios

By: Michelle (Yu) Teng, PhD, CFA, PGIM IAS and Junying Shen, PGIM IAS

In recent years, many U.S. corporate pension plans have closed and entered the “end-state.” CIOs managing these end-state portfolios must navigate a specific set of investment challenges and evaluate the potential of the private assets remaining in their portfolios.

The Diversity of Real Assets: Portfolio Construction for Institutional Investors

By: Harsh Parikh, PhD, PGIM IAS and Wenbo Zhang, PGIM IAS

What is the role of real assets in institutional portfolios? In this research paper, the IAS team introduces the Real Asset Sensitivity Analysis (RASA) framework and uses the RASA framework to highlight how investors can incorporate real assets in institutional portfolios to better meet their investment objectives. 

 

Case Studies

 

Upcoming Publications 

  • Institutional Gold!
  • Analysis of Real Asset Funds Using RASA
  • What is the Optimal Number of Equity Managers?
  • When the GP Calls…Portfolio Liquidity Analysis with Private Asset Commitment Strategies

MEET THE TEAM 

IAS is focused on understanding the concerns and objectives of Chief Investment Officers and their Investment Committees to deliver unbiased portfolio-level advisory services to institutional clients worldwide. This team of expert research professionals offers customized asset allocation, portfolio construction, benchmark selection and other portfolio management solutions to help achieve desired outcomes. To learn more about PGIM’s investment advisory capabilities, contact the IAS team.

PARTNER WITH PGIM 


PGIM’s Institutional Relationship Group provides specialized, regional coverage to clients around the world. By fostering relationships and developing a deep understanding of each client’s investment needs and goals, they identify the solutions and strategies across PGIM to best help meet investment objectives. 

 Find your regional contact