Insights

Perspectives and commentary on current investment trends

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“30 market cycles” represents Prudential Financial, Inc.’s (PFI) asset management expertise through PGIM and its affiliates and its predecessors. For additional information related to market cycles visit: www.nber.org/cycles

© 2020 Prudential Financial, Inc. ('PFI') of the United States and its related entities. PGIM Inc. is the principal asset management business of PFI. PGIM is a trading name of PGIM, Inc. and its global subsidiaries and affiliates. In the United Kingdom and various other European jurisdictions information is issued by PGIM Limited, an indirect subsidiary of PGIM Inc. PGIM Limited (registered office: Grand Buildings, 1-3 strand, Trafalgar Square, London, WC2N 5HR) is authorised and regulated by the Financial Conduct Authority of the United Kingdom (registration 193418) and duly passported in various jurisdictions in the EEA. These materials are issued to persons who are professional clients or eligible counterparties as defined in Directive 2014/65/EU (MiFID II), investing for their own account, for fund of funds, or discretionary clients. PFI of the United States is not affiliated with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. The PGIM logo and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide.

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