Global asset allocators are preparing to increase positions in fixed income and cash as they brace for ongoing economic uncertainty and heightened market volatility over the next 12 months, according to a study from PGIM.
The finding forms part of the firm’s latest Gatekeeper Pulse® study, which canvassed the allocation plans, investment attitudes and manager preferences of 210 gatekeepers at large global financial institutions in Europe (including UK) and Asia – all of which have assets under management of at least US$1 billion. This is PGIM’s sixth study aimed at unearthing the issues that matter most to fund selection decision-makers.
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