The ABCs of Alpha, Beta and Changing Markets
Over the past 40 years, the market has changed substantially, becoming more disaggregated and more complex.
Our investment philosophy is founded on the fusion of art and science. Our highly specialized research and policy expertise allows us to anticipate trends, explore regional opportunities and exploit market inefficiencies across asset classes. This allows us to uncover new and diversified sources of return for our clients, while also providing personalized solutions for retirement plans.
Our factor-driven pursuit of timely alpha opportunities spans core, value, opportunistic equity and indexing, based on advanced quantitative techniques.
Developing innovative solutions to meet our clients’ needs, we draw on customization capabilities to produce optimal outcomes for our clients.
We offer liquid and systematic global-macro multi-asset strategies, that can capture both upside and downside episodes in markets.
We aim to deliver innovative defined contribution solutions founded on market-leading research and capabilities. DC Solutions is the retirement solutions provider of PGIM.
Our investment platforms’ pursuit of solving beyond alpha is driven by unique insights, which help to adapt and evolve our approach today to provide solutions for tomorrow’s challenges.
Over the past 40 years, the market has changed substantially, becoming more disaggregated and more complex.
With inflation moderating after more than a year of aggressive central bank rate hikes, have our long-term capital market forecasts changed?
What could the correlation between the value factor and interest rates mean in today’s high interest rate and high inflation environment?
The conflicting outlook between fundamentals and sentiment prevents us from decisively planting a flag in either a bullish or bearish camp.
* As of Jun 30, 2023
^ PGIM is the investment management business of Prudential Financial, Inc. (PFI). PFI is the 11th largest investment manager (out of 431 firms surveyed) in terms of worldwide institutional assets under management based on Pensions & Investments’ Top Money Managers list published June 2022. This ranking represents institutional client assets under management by PFI as of December 31, 2021. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM. Managers self-report their data via a survey. P&I sends the survey to previously identified managers and to any new managers asking to participate in the survey/ranking. No compensation is required to participate in the ranking.