PGIM managers are experts at discovering opportunities for long-term growth and delivering alpha for institutional clients. Our active focus yields consistent investment results for institutional clients - one reason why the investment businesses of PGIM have experienced positive net inflows for 14 straight years. Learn more about PGIM’s active investment strategies.
A confluence of shifts in the marketplace have contributed to net outflows in the professionally managed active equity space, particularly within US equities. As long-term investors, in our research we looked at the facts over the last two decades and discovered that lackluster excess returns from some active managers in recent years are easily tied to market cycles, which can, and do, shift. This study aims to help investors better understand the active returns they should expect across a range of market conditions, particularly as they begin to look beyond the current benign environment.
In this paper, Josh Cohen, head of Institutional Defined Contribution at PGIM, looks at the five key areas plan sponsors and their advisors should focus on to help plan participants meet their retirement liabilities and manage key risks.
In the Defined Contribution space, there is significant debate as it relates to the appropriate investment approach to help participants build and manage retirement savings. Here we, make a case for why adopting an institutional approach in investment design is crucial for improving retirement outcomes for participants.