David Hunt, PGIM President & CEO, joins Squawk Box Asia to discuss his outlook on "weakflation" and why fixed income and the rise of private alternatives will be two hallmarks of the current cycle.
“Private assets overall are projected to be a much larger proportion of our institutional portfolios than they are today. In some ways, the biggest change is in high-net-worth investors. Nowhere is that more true than in Asia, where we see a big movement of high-net-worth people into private alternatives.” - David Hunt, PGIM President & CEO