The COVID-19 pandemic will have profound and lasting impacts on virtually every segment of society. The extent of that tumult is difficult to predict, but institutional investors need to focus on the ongoing disruptions and how the coronavirus will structurally alter the behavior of companies, consumers and governments. In our latest Megatrends piece, we draw on the insights of more than a dozen of PGIM's investment professionals from across our autonomous businesses to examine these new realities and discuss the impact and opportunities for long-term investors.