PGIM global institutional relationship group adds senior hire Glenn Harris
Harris will deepen relationship coverage of chief investment officers and senior fiduciary investors in the U.S. as a strategic advisor.
PGIM COO Taimur Hyat joined Jonathan Ferro on "Bloomberg The Open" to explain why the shift into private markets by retail investors has been a learning moment.
Hyat says despite the real concerns around liquidity risks and vulnerabilities, private alternatives products are well structured and the returns may be worth it. However, patience is key.
Chief Operating Officer
Taimur Hyat
Harris will deepen relationship coverage of chief investment officers and senior fiduciary investors in the U.S. as a strategic advisor.
The conditions that made a 60/40 portfolio a loser in 2022 have receded, with duration set to make a partial comeback or better this year.
Gregory Peters, PGIM Fixed Income's Co-Chief Investment Officer, discusses the recent market volatility and what it might mean for the Fed.