When Spreads Are Tight, Opt for Multi-Sector Credit
Actively investing across multi-sector fixed income can help mitigate volatility during macro uncertainty.
Debt opportunities beckon as emerging markets rebound.
While conditions in emerging markets (EM) suffered in a post-pandemic environment marked by inflation, U.S. dollar strength and geopolitical tension, EM debt warrants renewed allocation consideration amid current monetary policy trends. Rising fiscal discipline and growth potential versus developed markets are among the key factors underpinning an attractive long-term opportunity.
PGIM Fixed Income team was named “2025 Best Fixed Income Manager” by AsianInvestor in the Asset Management Awards 2025.
With 25 years of investment experience on average, the PGIM Fixed Income EM team consists of 33 portfolio managers, economists, and sovereign and corporate credit analysts.
Category specialists based in the U.S., Europe and Asia conduct fundamental research and leverage firmwide insights to manage $55 billion in EM debt.
The team formally rates a universe of over 100 EM countries, 250 companies and 25 sovereigns/quasi-sovereigns, using a relative value framework to guide optimal trading decisions.
Actively investing across multi-sector fixed income can help mitigate volatility during macro uncertainty.
PGIM Fixed Income shares their weekly views and outlook for fixed income markets.
PGIM Fixed Income explains why current conditions warrant exposure to a diversified and dynamic global credit solution.
PGIM Fixed Income reviews this more volatile environment and opportunities beneath the surface.
The blurring lines between public and private credit are reshaping capital markets.
Sources of data (unless otherwise noted) are as of 31 December 2024.
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