Innovation for Growth
We believe companies that address global challenges will experience rising demand for their products and services. We expect these companies to experience healthy revenue and profit growth, while driving positive change.
Welcome to the inaugural Sustainability Report for Jennison’s Better Future Strategy. The Better Future Strategy was conceived as a natural extension of our Global Equity team’s expertise in identifying and investing in growth companies worldwide. Built on Jennison’s established track record of investing in enduring secular global trends, this strategy aligns with our commitment to both performance and sustainability.
In our view, the companies that deliver exponential growth over the long term are those that continuously innovate, adapt, and reinvent themselves. They string a sequence of great business ideas together to create wave after wave of strong growth. The Better Future Strategy is dedicated to identifying and investing in precisely these kinds of companies — those that not only exhibit the potential for market leadership but also contribute meaningfully to a more sustainable and resilient world.
At the heart of our strategy is a belief that robust growth and positive change are interconnected forces that, together, fuel long-term growth. In today’s complex and interconnected global economy, we believe companies that prioritize sustainable practices and enduring value creation aren’t just creating a pathway to a better future for the world; they are gaining a competitive advantage. Sustainable investing has recently navigated a period of intense debate and reflection. As global challenges like climate change continue to demand innovative solutions, differing expectations and the absence of standardized terminology and labels have raised questions from both critics and advocates alike. However, this scrutiny is also driving an essential shift: the inconsistencies that have challenged sustainable investing are now paving the way toward greater clarity in language, and a stronger focus on meaningful outcomes.
The investment management industry is uniquely positioned to steer capital toward companies whose products and services drive measurable and positive real-world outcomes. By integrating sustainability considerations into investment decisions and by targeting companies that offer solutions to environmental and social challenges, financial participants have the opportunity to contribute to innovation and positive change.
The Better Future Strategy was built to deliver on this vision. By combining rigorous bottom-up fundamental analysis with a deep understanding of sustainability issues, our Strategy seeks to deliver to clients attractive long-term returns while contributing to a more sustainable future.
Thank you for reading our inaugural sustainability report. We hope it provides valuable insights into the opportunities that are actively building toward a better future.
References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities. The securities referenced may or may not be held in the portfolio at the time of publication and, if such securities are held, no representation is being made that such securities will continue to be held.
The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.
Any projections or forecasts presented herein are subject to change without notice. Actual data will vary and may not be reflected here. Projections and forecasts are subject to high levels of uncertainty. Accordingly, any projections or forecasts should be viewed as merely representative of a broad range of possible outcomes. Projections or forecasts are estimated based on assumptions, subject to significant revision, and may change materially as economic and market conditions change.
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