You are visiting our Institutional Investors site, but you are attested as an Institutional Investor.

You are visiting our Institutional Investors site, but you are attested as a Financial Advisor / Intermediary.

You are visiting our Institutional Investors site, but you are attested as a Commercial Borrower.

You are visiting our Institutional Investors site, but you are attested as an Individual Investor.

jp / ja

Please select your location and language.

  • アイルランド アイルランド
    • 英語 |
  • 米国 米国
    • 英語 |
  • 英国 英国
    • 英語 |
  • イタリア イタリア
    • 英語 |
  • シンガポール シンガポール
    • 英語 |
  • ドイツ ドイツ
    • 英語 |
  • ルクセンブルグ ルクセンブルグ
    • 英語 |
  • 日本 日本
    • 日本語 |
  • Location Not Listed Location Not Listed
    • 英語 |
Welcome to PGIM

You are currently in our Institutional Investor site. 

Explore PGIM

You are currently in our Institutional Investor site. 

Careers Contact Us
PGIM Logo
  • Investments
    • Asset Class Strategies
      • Fixed Income
        • Emerging Markets
          • Emerging Markets Local Currency
            • Emerging Markets Local Currency Fact Sheet
          • Emerging Markets Hard/Local Currency Blend
            • Emerging Markets Hard/Local Currency Blend Fact Sheet
          • Emerging Markets Hard Currency
            • Emerging Markets Hard Currency Fact Sheet
          • Emerging Markets Corporate Debt
          • Emerging Markets Hard/Local Currency Blend Plus
        • Investment-Grade Credit
          • Global Corporate
            • Global Corporate Fact Sheet
          • U.S. Short-Term Corporate
          • U.S. Corporate
            • U.S. Corporate Fact Sheet
          • U.S. Long Duration Corporate
          • European Corporate
            • European Corporate Fact Sheet
        • Leveraged Finance
          • U.S. Broad Market High Yield
            • U.S. Broad Market High Yield Fact Sheet
          • European High Yield
            • European High Yield Fact Sheet
          • U.S. Bank Loans
          • European Bank Loans
          • Global Bank Loans
          • U.S. Short Duration Higher Quality High Yield
          • Global High Yield
            • Global High Yield Fact Sheet
        • Multi-Sector
          • Core Conservative
            • Core Conservative Fact Sheet
          • Core
            • Core Fact Sheet
          • Core Plus
            • Core Plus Fact Sheet
          • Absolute Return
          • Money Market
          • Global Total Return
            • Global Total Return Fact Sheet
          • Global Core
            • Global Core Fact Sheet
          • Short Duration Core Plus
          • Strategic Credit
          • Strategic Bond
            • Strategic Bond Fact Sheet
          • Long Duration Government/Credit
            • Long Duration Government/Credit Fact Sheet
        • Municipals
        • Securitized Products
        • Securitized Products Explainer Video
        • Emerging Markets Hard/Local Currency Blend
          • Emerging Markets Hard/Local Currency Blend Fact Sheet
        • Liability-Driven Investing
        • Investment Approach
        • Municipals
      • Equity
        • Fundamental Equity
        • Quantitative Equity
          • US Equity
          • Potential Advantages of Market Participation Strategy
          • Emerging Markets Equity
          • International Equity EAFE
          • International Micro Cap Core Equity
          • Emerging Markets All Cap Equity
          • Emerging Markets Small Cap Equity
          • Emerging Markets Core Equity
          • US Large Cap Equity
          • US Mid Cap Equity
          • US Small Cap Equity
          • US Micro Cap Core Equity
          • US SMID Cap Equity
          • Large Cap Value Equity
          • US Small Cap Value Equity
          • US Mid Cap Value Equity
          • Value Equity
          • Global Equity Developed ESG
          • International Equity Opportunities ACWI ex US
          • Commodity Strategy
          • International Equity ACWI ex. US
          • US Market Participation Strategy (MPS)
      • Alternatives
        • Hedge Funds
          • U.S. Liquidity Relative Value (S&P 500 Overlay)
          • U.S. Liquidity Relative Value
          • Credit Opportunities
          • Emerging Markets Long/Short
          • Alpha Opportunities
          • Global Liquidity Relative Value
        • Private Equity Secondary private equity portfolios and customized liquidity solutions.
        • Real Assets
          • Agricultural Finance Team
          • Contact Us | PGIM Real Estate
            • Debt Originations
            • Acquisitions Dispositions
            • Our Leadership
          • Agriculture Investing & Farmland Investments
          • Infrastructure
            • Global Data Centers
            • Infrastructure Debt
            • Energy Mezzanine
          • Real Estate
            • Defined Contribution
            • European Capabilities
            • Individual Investor Solutions
            • Public REIT Securities
            • Sustainable Investing
            • Mexico Industrial Real Estate
            • Asia Pacific Capabilities
            • Core Equity
            • Value Add Equity
            • Core Plus Equity
            • PGIM Real Estate Debt
              • Core Debt
              • Core Plus & Structured Debt
            • PGIM Real Estate - Client Login
            • Senior Housing
            • Living Capabilities
        • Private Credit
      • Multi-Asset
        • Quantitative Solutions
          • Commodity Strategy
          • Defensive Equity
          • Traditional Balanced
        • Strategic Capital
          • About Us
          • Insights
            • Asset Allocation with Public & Private Assets
            • Portfolio Construction
          • Leadership
          • Portfolio Research
          • Multi-Asset Solutions
    • Products
      • Investment Products
  • Solutions
    • Solutions
      • Private Credit Financing
      • Real Estate Financing
        • Commercial Financing
        • Agency Financing
        • Loan Servicing
        • Agricultural Financing
        • Affordable Housing Financing
        • Multifamily Financing
        • Agricultural Finance Team
        • Senior Housing
      • Defined Contribution
        • Retirement Income
        • PGIM Retirewell™ Managed Accounts
        • RETIREMENT SPENDING PORTFOLIOS
        • Financial Wellness
        • DC Solutions
        • Contact Us
      • Sustainability
        • Partnerships & Initiatives
        • Implementation at PGIM
        • Governance & Oversight
        • Policies and Reports
        • Our Leading Perspectives
        • Article 3, 4 & 5: ESG Sustainable Finance Disclosure Regulation
        • Governance
        • GRESB Results 2024
        • Social | PGIM Real Estate
        • ESG Principal Adverse Impacts Statement
        • SFDR Remuneration Policy
        • Sustainability-Related Disclosures
        • ESG Engagement
        • ESG Impact Ratings
        • ESG Investment Process & Strategies
        • What We Do: ESG Annual Report 2024
        • Who We Are: ESG at PGIM Fixed Income
        • SFDR Information
        • PRI Assessment and Transparency Reports
        • ESG Engagement Policy
        • Commercial Financing
        • Agency Financing
        • Loan Servicing
        • Agricultural Financing
        • Affordable Housing Financing
        • Multifamily Financing
        • Fixed Income's Approach to ESG
        • ESG Policy
        • ESG Approach
        • PGIM and Stewardship
        • Real Asset Sustainability
          • Governance
          • Article 3, 4 & 5: ESG Sustainable Finance Disclosure Regulation
          • Social | PGIM's Real Estate Partnerships
          • PGIM Real Estate | Environmental Practices and Policies
          • GRESB Results 2024
        • Quantitative Solutions Sustainable Investing
  • INSIGHTS
    • Asset Class Insights
      • Alternatives
        • Direct Lending and the Leverage Finance Landscape
        • Diversified Stable Income: A Multi-Asset Class Solution
        • Energy Mezzanine: Middle Market Energy Investments
        • Mezzanine Investments: An Attractive Option for Institutional Investors
        • Energy Mezzanine for Institutional Investors
        • Direct Lending: Filling a Void where Banks Once Stood
        • Allocating to Privates in a Rising Interest Rate Environment
        • Energy Mezzanine: Filling the Gap
        • Infrastructure for the New Economy: Digitization and Sustainability
        • Investing in Direct Lending in Today's Market Landscape
        • Understanding Opportunities in the Corporate Private Debt Market
        • What's Your Alternative?
        • New Frontiers: Finding the Untapped Opportunities in Alternatives
          • Direct Lending to the “True Middle Market”
          • The Case for Residential Investing: Unaffordable Homes
          • Secondaries: A Great Entry Into Private Equity
          • A True Alternative: Long/Short Allocations to Health Care
          • Relative Value in Treasury Market Turbulence
        • A New Era: Investments For an Uncertain Road Ahead
          • Opportunities That Lie Beyond the Low-Default Era
          • Healthcare Opportunities in 2023 and Beyond
          • The Long-Term Funding Gap in European Real Estate
          • Leveraging Mezzanine in a Liquidity Constrained Market
        • Unlocking Alts: Opportunities in a New Investment Regime
          • Opportunistic Credit Strategies for a Higher-Rate Environment
          • The Ongoing Evolution of Direct Lending
          • Solving for Housing Supply Shortages Through Value-Add Investing
        • mcp Annual Investor Survey 2025
        • A Real Game Changer: Sports Investing in the Digital Age
        • The Convergence of Public and Private Credit
        • Understanding Middle Market Direct Lending: Opportunities, Advantages and Misperceptions
        • Agriculture Landscape
        • The Evolution of Direct Lending
      • Equity
        • Be Careful What You Wish For: Strong Markets Have Set Up A Precarious Situation
        • Distress in china's real estate sector: whose default is it?
        • ESG Solutions: Low Water Usage Outcomes
        • Information Momentum Refined: Less Volatility, More Diversification
        • Micro Caps Offer a Window To Emerging Growth
        • Navigating the ESG Bubble: The Deal with Data
        • Refining The Growth Factor: Can "Localizing" Analyst Insights Enhance Performance?
        • UN PRI Transparency Report
        • Challenges Facing ESG Investors: Comparability of ESG Data
        • Challenges Facing ESG Investors: The Risk & Return Challenge
        • Noteworthy Sources of Alpha in Emerging Markets
        • What is a Quant?
        • China In Emerging Markets: Prix Fixe Or A La Carte?
        • PGIM Quantitative Solutions doubles down on talent, deepens investment and consultant relations teams
        • P&I Recognizes Linda Gibson as One of 2023 Influential Women in Institutional Investing
        • Is This Time Different? LEI and Yield Curve Inversion as Recession Predictors
        • The ABCs of Alpha, Beta and Changing Markets
        • Board Linkages: Finding Quality in Board Quantity
        • Can a solid defense be a game changer?
        • Change Things Up: Is Now The Time to Diversify into Emerging Markets?
        • Does Value Perform Better when Inflation is High? It's Complicated...
        • Emerging Markets, Emerging Solutions
        • ESG At A Crossroads: Time For A New Risk Direction
        • ESG Solutions: Low Carbon Emission Outcomes
        • ESG Solutions: A Strong Alternative To ESG Indexes
        • Flexible Risk Analytics Platforms
        • The fundamental truth in the permanent or transitory debate
        • Globalization Of Information Momentum
        • I'll Take My Emerging Markets With China On The Side, Please
        • The Innovation Factor: The Leading Edge of Quality
        • Investing In An Interconnected World
        • Investing In An Interconnected World: Cross-Industry Linkages
        • The Long and the Short of It: The Quant Shorting Advantage
        • Market Participation Strategy Brochure
        • Market Protection for Turbulent Times
        • Are Meme Stocks A Fad?
        • Micro Caps vs. Private Equity: Unshackle Your Returns
        • Partnering For A Greener Portfolio
        • Partnering To Help Solve Challenges
        • Regime Conditional Reverse Stress Testing
        • Sustainable Development Goals: A Liquid Market Approach To Impact Investing
        • The tilt within value: dynamic value factor weighting conditional on the value spread
        • UN PRI Assessment Report
        • A Unified Framework for Investing in Emerging Markets
        • US Market Participation Strategy (MPS) Overview
        • Why Quant For The Future
        • Challenges Facing ESG Investors: Breadth and Depth of ESG Data
        • Challenges Facing ESG Investors: The Emerging Challenge
        • Challenges Facing ESG Investors: The Index Challenge
        • Do More With Your ESG Exposure
        • How Volatility is Controlled
        • Information Asymmetry in Emerging Markets
        • Why Investors Should Consider Emerging Markets?
        • Today’s Emerging Markets Opportunity, Quantified
        • PGIM Quantitative Solutions expands investment and distribution units with senior hires
        • Unlocking Alpha In Emerging Markets: Why Active Management Matters
        • Precision in Motion: Optimizing Portfolio Transitions in Emerging Markets
        • Emerging Markets Unlocked Explore a dynamic global investment framework designed to harness growth,
        • Tailored Risk Management in Action
      • Fixed Income
        • Outlook
          • Second Quarter 2025 Market Outlook Highlights
          • Securitized Products Q1 2025 Outlook
          • Asset-Based Finance Q1 2025 Outlook
          • Emerging Market Debt Q3 2025 Outlook
          • Agency MBS Q3 2025 Outlook
          • Developed Market Rates Q3 2025 Outlook
          • Investment Grade Corporate Bonds Q3 2025 Outlook
          • Municipal Bonds Q3 2025 Outlook
          • Asset-Based Finance Q3 2025 Outlook
          • Securitized Products Q3 2025 Outlook
          • Global High Yield Q3 2025 Outlook
          • Asset-Based Finance Q1 2026 Outlook
          • Q1 2026 Outlook for Municipal Bonds
          • Q1 2026 Outlook for Emerging Market Debt
          • Q1 2026 Outlook for Developed Market Rates
        • Podcasts
          • All the Credit
            • Hitting Home: The State of the Residential Real Estate Market
            • Navigating Default Lines
            • Spotlight on the 2023 Banking Crisis
            • Outlook on China—Discussing the Re-Opening, Growth Forecast, and More
            • Down to the Wire: Daleep Singh examines the U.S. debt-ceiling crisis, potential outcomes, and probabilities
            • Breaking the Bank?: Weighing Looming Risks in the Commercial Property Sector
            • Quantitative Tightening: Unwinding Central Bank Balance Sheets
            • Brews and Bulls: Exploring Big Brewers
            • View from the Top: Opportunities in High-Quality Credit
            • From Low Ranger to High Plains Drifter
            • Value Through Headwinds: What’s Next for European Banks?
            • Realities in Rates
            • Holiday Indigestion: The Investment Implications of GLP-1s
            • Insurance in an Inflationary Age
            • Deconstructing Commercial Real Estate
            • Inflation Shifts and the Bond Market Response
            • Mapping Geopolitics in Emerging Markets
            • Pulse Check on U.S. Interest Rates
            • Recent Global Elections-from the Ballot Box to Fiscal Policy
            • Credit Markets in Transition: Liability Driven Investing, A Multi-Sector Approach
            • Credit Markets in Transition: Asset-Based Finance
            • High Voltage: Exploring Developments Across the U.S. Electric Grid
            • China: Projections for 2025
            • Crude Realities: Analyzing the Outlook for Oil and Energy Markets
            • The Business of Bonds with PGIM Fixed Income's Co-CIO
            • Credit Markets in Transition: The Evolution of Liability Management
            • Macro Shocks and Market Shifts
            • Credit Markets in Transition: Systematic Strategies
            • Central Banks: Can Independence Prevail?
            • From Buyers to Builders: Assessing the U.S. Housing Market
            • Credit Markets in Transition: The Large Cap Opportunity in Private Credit
            • Credit Markets in Transition: Asset-Based Finance Part II
            • Credit Markets in Transition: Public–Private Credit Portfolios
          • Fixed On ESG
            • Why We're Fixed on ESG
            • Rising Food Prices: Financial Risks and Implications to Emerging Markets
            • Low Carbon Crossroad: The Importance of Metals and Mining to the Low Carbon Transition
            • Deep Dive into Blue Bonds with Mark Spalding
            • Exclusions and Green Bonds: There’s No Quick Fix
            • Revving the Engine on EVs
            • COP27: What Investors Need to Know
            • ESG Perspectives: Q&A with Sarika Goel
            • COP27: Takeaways from Sharm El-Sheikh
            • Biodiversity 101: Dissecting COP15 with Planet Tracker
            • We Have Ignition: Can investment in nuclear fusion solve the climate crisis?
            • The Unaffordable Truth: A Look at the Affordable Housing Crisis
            • Desalination: A Potential Solution for Freshwater Scarcity?
            • Energizing a Greener Future with Clean Hydrogen and the Northeastern Regional Clean Hydrogen Hub
            • Deep-Sea Treasure Trove: Opportunity or Risk?
            • The Price of Power: The Impact of Wildfires on Utilities
            • Cyber-savviness: Weighing Today’s Cybersecurity Risks and Impacts on Tomorrow’s Investments
            • Plastic Packaging Predicament: The Best-Worst Option
            • Climate Finance: Support for Developing Countries Amidst Climate Change
            • COP28: Dissecting Climate Progress and Pledges
            • Advancing Affordable Housing
            • Debt-for-Nature Swaps: Unlocking Capital for Conservation
            • Deciphering ESG in Emerging Markets: A Closer Look at Risk and Bias
            • The Elephant in the Room: Overcoming Biodiversity Data Challenges
            • A Growing Gap: Exploring Progress on Global Decarbonisation
            • Part 1: Navigating the Low Carbon Transition with Temperature Alignment
            • Part 2: Navigating the Low Carbon Transition with Temperature Alignment
            • Behind the Scenes of COP29
            • A Look Under the Hood of Climate Risk Analysis
            • Rethinking Green Bond Emissions Reporting
            • Securitised Solutions for the Green Transition
            • The Potential of Sustainable Aviation Fuel
            • Powering Data Centre Expansion
            • Can It Be ESG? A Pragmatic Take on Defence
            • SDGs for Impact
            • Behind the Seams: Unraveling Fast Fashion's ESG Challenges
            • The Insurance Industry in the Climate Conversation
            • EU ESG Regulation: Players, Policy, and Purpose
            • Running a Tight Ship: IMO's Net-Zero Regulations
            • Propelling Equitable Access to Medicine
            • COP30: Key Takeaways from the Amazon Summit
            • Assessing the Risk of Antimicrobial Resistance
        • Webcasts
          • The Pendulum of Central Bank Policies: Discerning the Effects on Asset Prices
          • Moving Out of Cash: Opportunities in Today's Shifting Markets
          • Taking Stock of Commodities Markets as Inflation Risks Loom
          • Yield is Destiny; Bonds are Back.
          • On Tariffs with Tom Porcelli: Part 1-U.S. Credit Issuers
          • On Tariffs with Tom Porcelli: Part 2-European Reactions
          • On Tariffs with Tom Porcelli: Part 3-Emerging Markets on Watch
          • Where Climate Meets Corporates
          • The Case for Going Global
          • From Low Ranger to High Plains Drifter
          • The Bank Blowup: Implications and Opportunities
          • Reviving European Securitisation
          • Macro Shocks and Market Shifts: What’s Next for Fixed Income?
          • Trade War or Trade Deal? Implications of U.S.-China Trade Negotiations
          • On Securitized Products and Asset-Based Finance
          • Emerging Markets Debt Investor Update
        • Weekly View From The Desk
        • White Papers
        • Videos
          • Outlook and Opportunities in Emerging Markets Debt
          • Bank of England Holds Rates Amid Inflation Concerns
          • BoE Cuts, Signals Cautious Rate Cuts Ahead
          • Fiscal Takes the Lead as ECB Cuts Rates
          • Rising Recession Risks: Fed Takes a Dovish Stance
          • U.S. Trade Policy at the Center of Global Economic Tensions
          • Wait-and-See from the Fed as Stagflation Risk Looms
          • Fed Holds Steady on Rates, Easing May Come Later in 2025
          • Balancing Act: Europe's Push for Self-Reliance in Defense
          • ECB Navigates Trade Uncertainty with Dovish Policy Statement
          • No Urgency from ECB Despite Weakening Eurozone Outlook
          • Cautious But Bold: Bank of Japan's Historic Rate Hike
          • Divided and Dovish: BoE Delivers a Cut
          • The U.S. in Focus: Key Takeaways from IMF Spring Meetings
          • Deepening U.S.-China Divide May Benefit Emerging Markets: IMF Spring Meetings Takeaways
          • ECB Cuts and Achieves Neutrality
          • Fed Holds Steady Despite Economic Uncertainty
          • Higher Tariffs Loom, but ECB Sees Potential Near-Term Growth
          • Despite Dissents, the Fed Holds for July
          • Despite Dissents, the Fed Holds for July
          • Despite Dissents, the Fed Holds for July
          • Trade Agreement Eases Uncertainty from Bank of Japan, but Inflation Challenges Persist
          • Hawkish Undertones Emerge as BOE Cuts
          • 3Q 2025 EMD Investor Update
          • ECB Holds and Signals that Disinflationary Process is Done
          • Fed Resumes Cuts on Speedier Easing Path
          • Bank of England Holds, Continues Hawkish Stance on Inflation
          • FOMC October 2025: What the Fed's Messaging Signals for Rate Policy
          • ECB Holds and Signals Confidence in 2% Rate Stability
          • Relief Met Unease: Takeaways from the IMF & World Bank Annual Meetings
          • Bank of England’s Hawkish Pause Signals Uncertainty
          • FOMC December 2025: The Fed's Goldilocks cut and bullish projections
          • December’s Double-Header: BoE Cuts, ECB Holds—What It Means for 2026
          • December’s Double-Header: BoE Cuts, ECB Holds—What It Means for 2026
        • Central Bank Policy Views
        • Articles
          • Bloomberg Q&A: Looser Bank Rules Won't Slow Asset Based Finance Too Much, PGIM Says
          • Foreign Affairs Op-Ed: The Right Way to Wield America’s Economic Power
      • Multi-Asset
        • Multi-Asset Solutions
          • Approach to Strategic Asset Allocation Optimization
          • Multi-Asset Private Credit Comes to the Fore
          • Beyond Resilience: Strategic Positioning for an Evolving Landscape
          • Higher Bond Yields and The Fed Model: Implications for Future Stock-Bond Relative Returns
          • Private vs. Public Investment Strategies: Reported and Real-World Performance
          • Is There a Need for a Chief Liquidity Officer?
          • To Roll or Not to Roll (Forward): LP NAV Estimation for Private Equity and Real Estate
          • What to Expect When Expecting a Recession: A CIO's guide to interpreting the probability of recession
          • What to expect when expecting a recession: Lessons from Europe and the UK
          • In Conversation with Portfolio Research: Dr. Christoph Jí¤ckel and Aili Chen
          • In Conversation with Portfolio Research: Michelle Teng and Lee Menifee
          • In Conversation with Portfolio Research: Tony Coletta and Junying Shen
          • Market Dynamics and Multi-Asset: Playing Defence and Offence
          • The Tradeoff Between Liquidity and Performance - Mandarin
          • Slower Private Asset Distributions: What Does It Mean for a CIO?
          • Uncovering the Unobservable: Have Private Assets Outperformed Public Assets?
          • Negative Correlation Is Dead! Long Live The 60/40 Portfolio!
          • CUTTING THE GORDIAN KNOT: A LOOK AT PORTFOLIO OPTIMIZATION TECHNIQUES FOR INSURERS
          • The Hidden Cost of Early Access to Retirement Assets
          • Tailoring Insurance Investments: Yield Enhancement in a Capital-Constrained Environment
          • Real Assets, Inflation & Portfolio Performance
          • Styles of Responsible Investing: Attributes and performance of different RI fund varieties
          • Collective Defined Contribution (CDC) Schemes: Assessing Capacity for Alternative Investments
          • Positive Stock-Bond Correlation: Prospects & Portfolio Construction Implications
          • PRT Ready? Private Commitment Pacing in a World of Higher Funding Ratios
          • The Scale Effect: How Size Shapes Investment Governance and Allocation
          • Using Cape to Estimate Future Stock Returns
          • Tailoring Insurance Investments: Managing IG Private Placements Risk & Optimizing Value
          • Tailoring Insurance Investments: The Hidden Value in IG Private Placement Structures
          • Investing Amidst Macro Uncertainty & Sentiment-Driven Volatility
          • Tailoring Insurance Investments: The IG Private Placements Proposition
          • Navigating the Nexus Part II: The Intersection of Insurance and Asset Management
          • Income Returns of Infrastructure: Model Specification & Estimation
          • Direct Infrastructure Equity: Performance, Return Attribution, & Inflation Resilience
          • Dr. Christoph Jäckel and Aili Chen
          • Rethinking Diversification: Learnings from a Total Portfolio Approach
          • do not publish
            • Harnessing the Potential of Private Assets
            • Harnessing the Potential of Private Assets: A Framework For Institutional Portfolio Construction
            • Building Portfolios with Infrastructure: Performance, Cash Flows & Portfolio Allocation
            • The Rebalancing Conundrum: PE valuations & Market Dislocations
          • The Global Nature of Stock-Bond Correlation: Implications for Portfolio Risk
          • Deceleration, Divergence & Diversification
          • Private Equity & Macro Factors: Cash Flow & Performance
          • Tailoring Insurance Investments: Yield Enhancement Strategies to Optimize Capital-Constrained Insurance Portfolios
          • Fourth Quarter 2025 Outlook: Navigating the Shifting Sands of Global Finance
        • Quantitative Solutions
          • A Customized Option for Equity Replacement
          • 2025 Q2 Capital Market Assumptions
          • 2023 Q1 Capital Market Assumptions
          • 2023 Q2 Capital Market Assumptions
          • 2023 Q2 Outlook
          • 2023 Q3 Capital Market Assumptions
          • 2023 Q4 Capital Market Assumptions
          • 2023 Q4 Outlook
          • 2024 Outlook
          • 2024 Q1 Capital Market Assumptions
          • 2024 Q2 Capital Market Assumptions
          • 2024 Q2 Outlook
          • 2024 Q3 Capital Market Assumptions
          • 2024 Q3 Outlook
          • 2024 Q4 Capital Market Assumptions
          • 2024 Q4 Outlook
          • 2025 Outlook
          • 2025 Q1 Capital Market Assumptions
          • 2025 Q2 Multi-Asset Outlook
          • Absolute Return Overlay Solutions: The Best Hope?
          • Absolute Return Overlays: The Power Of Diversification On Returns
          • Beyond The Earnings Headlines: Keep Your Eye On Sentiment
          • Beyond Long-Only Equities: Options Strategies to Align with Portfolio Goals
          • Building and Evaluating Better Risk-Aware Strategic Portfolios
          • China's Stimulus Surprise: A Turning Point?
          • Commodities Set to Gain Amid Elevated Inflation Regime
          • Cross-Asset Correlations: Constructing Portfolios amid Market Turbulence
          • Europe's Balancing Act: Opportunities Amid Structural Challenges
          • Fed Presses on Despite Banking Sector Turmoil
          • Fed Walks Rate Cut Tightrope Amid Labor Market Strength
          • Ghosts of Growth
          • Are Higher Interest Rates A Boon For Value?
          • Is Inflation About To Revive?
          • Inflation: How We Got Here And Where We're Going
          • Managing Through Election Cycle Volatility & Beyond
          • A New Supercycle Bull Market for Commodities
          • Is No News Good News? News Sentiment and U.S. Recessions
          • Policy Flux: How Uncertainty is Shaping Markets and Confidence
          • Portfolio Implications of a Higher US Inflation Regime
          • Research Brief: Building and Evaluating Better Risk-Aware Strategic Portfolios
          • Research Brief: Portfolio Implications of a Higher US Inflation Regime
          • Research Brief: Top-Down Portfolio Implications of Climate Change
          • Smart Diversification
          • Summer Sell Off: Too Much Too Soon?
          • Time-Varying Duration and the Value Factor Correlation with Interest Rates
          • TIPS: Tempering Inflation's Potential Surprises
          • Top-Down Portfolio Implications of Climate Change
          • Trump Term Two Market Deja Vu
          • Using Options Strategies to Help Achieve More Targeted Portfolio Outcomes
          • What's Next for Regional Banks?
          • 2025 Q3 Multi-Asset Outlook
          • Two Sides of the Same Coin
          • What’s Driving the Dollar’s Decline?
          • Heads or Tails: Currencies and Capital
          • 2025 Q3 Capital Market Assumptions
          • 2025 Q4 Quantitative Solutions Outlook
          • Running an NLP Model During the Shutdown Data Void
          • Running an NLP Model During the Shutdown Data Void
          • 2025 Q4 Capital Market Assumptions
    • Market & Portfolio Insights
      • Emerging Markets
        • Building Asia-Pacific’s Future: Investing in Infrastructure
      • ESG & Sustainability
        • Capitalizing on the moment: Nine ways new ESG reporting rules can help investors
        • ESG Fundamentals
        • Greening the Grid: Data Centers Address Their Footprint
        • Silver Linings Playbook: Some positives from a challenging COP29
        • Introduction to ESG
        • ESG Indexing with Exclusions: PGIM Quantitative Solutions
        • ESG Investing Report
        • PGIM Policy Insights: Improving the SFDR
        • Great Expectations: Is engagement living up to its promise?
        • Key Themes from New York Climate Week
        • Proxy Voting Overview
      • Industry Trends
      • Markets & Economy
        • 2024 Election: Super Tuesday Results & What's Next
      • Outlooks
        • Jennison Associates 3Q24 Market Review and 4Q 2024 Outlook
      • Portfolio Research
      • Retirement
      • Risk Management
    • Featured Insights
      • Annual Best Ideas
      • Credit Continuum
      • Global Risk Report
      • OutFront
    • More Insights
      • Long Story Short
        • A Look Under the Hood of China's EV Sector
        • Assessing Central Bank Credibility in Emerging Markets
        • Retiree Liability Immunization: An LDI Case Study
        • The Case for Rebalancing into Bonds, in Pictures
        • The Case for Going Global, in Pictures
        • The Weaponization of Statecraft and its Investment Implications
        • The U.S.-China Competition Through Four Lenses
        • Trump Term Two Market Deja Vu
        • Running an NLP Model During the Shutdown Data Void
        • Slowly Earned, Quickly Lost: Revisiting Central Bank Credibility
      • Case Studies
        • Windhill: A Middle-Market CLO
      • Events
        • PGIM 2024 Global Institutional Summit
        • 2024 EMEA Investor Forum
        • 2023 EMEA Forum
        • Bank of England's Andrew Bailey: The Importance of Central Bank Reserves
        • Milken Institute Strategic Partner
          • Multi-Asset Solutions for Financial Outperformance
          • The Private Credit Playbook
          • Private Credit Cashing In
          • Riding the Waves of Market Shakeups: Finding Opportunities in Asia and Beyond
          • Evaluating Credit Market Dislocations
          • Investing in Food Systems to Address Climate Change
          • Global Capital Markets
          • The Evolving Landscape of ABF and Securitized Products
          • The Rise of Institutional Private Capital
          • Private Wealth and the Future of Financial Security
        • Bank of England Watchers' Conference
        • 2025 EMEA Investor Forum
      • Podcasts
        • Speaking of Alternatives
        • What the transformation of the labour market means for investors
        • Jennison explores how growth equities are likely to shine in 2023, if interest rates stabilize
        • Insights for Outcomes: Food For Thought
      • Videos
        • Debt-Ceiling Negotiations Down to the Wire
        • Higher Rates Present Overlooked Opportunities in Micro Caps
        • Investing in Sports Across Public and Private Markets
        • Two Trends Driving Sports Investments
        • Sports Investment Opportunities Beyond Headline-Grabbing Deals
        • Assessing the IG Outlook After SVB's Fall
        • The collapse of SVB and impacts to real estate investing
        • How the SVB collapse may impact central banks
        • Geopolitical Tensions Rise in the Middle East: Perspectives
        • Global Investment Implications from the U.S. Election
        • How will China's economic downturn affect the rest of the world?
        • How Will Credit Suisse's Challenges Impact European Banks?
        • Investment Implications of the Fed's Dovish Hike
        • Macro Headwinds, Attractive Valuations Put Japanese Stocks in Focus
        • PGIM CEO David Hunt on Constructing Resilient Portfolios in 2025
        • What Firms Will Have a Clear Competitive Advantage in a Generative AI World?
        • Revisiting the Banking Sector After Republic First's Collapse
        • Silicon Valley Bank Fallout: Banking Regulations
        • Silicon Valley Bank's collapse and what it means for investors
        • US Will Retain Advantage in Generative AI Leadership
        • U.S. Bank's Tim Welsh on digitization, change and leadership with David Hunt
        • Part 2: What could economic policy look like under a democratic administration in 2025?
        • Part 1: What could the economic policy look like under a Republican administration in 2025?
        • Is Globalization Truly Coming to An End?
        • Congress Faces Tougher Budget Talks After Averting Shutdown
        • Fed Cut Underscores Need to Hedge Interest-Rate Risk
        • Fed Eyes Slow and Steady Approach After Outsized Cut
        • Fitch's US Downgrade Doesn't Raise New Fiscal Concerns
        • PGIM CEO David Hunt Talks Growth, Asset Management’s Future on the Walker Webcast
      • Webinars
        • 2023 PGIM x CAIA Private Debt APAC Forum
        • President Trump’s Early Policy, Cabinet, and Market Dynamics
        • Beyond the Ballot: Market Implications from the U.S. Election
        • Navigating the New Terrain: Exploring the Impact of Rising Interest Rates on Asset Classes and Market Dynamics
        • Webinar Replay - Managing Disruption and Dislocation in the age of Geopolitical Shocks
        • Webinar Replay - Unlocking Alts In An Age of Uncertainty
        • Cutting Through The Noise: Navigating Today's Lending Environment
        • Markets at a Crossroads: Outlook for the Economy, Inflation and Interest Rates
        • A New Paradigm for Private Markets: An Examination of the New Normal for the Sector and a Focus on Private Debt
        • Webinar Replay - 2025 Best Ideas: Uncovering Alpha in Evolving Markets
        • Webinar Replay - What's Your Alternative?
        • WEBINAR REPLAY - US, China and Global Markets: Investing Amid De-risking and Divergence
        • Webinar Replay: Uncovering the Risks That Remain
        • Webinar Replay - Road To Recession? Riding Out Tightening Credit Markets
        • Webinar Replay - Credit Risks Amid Deteriorating Lending Standards?
        • Webinar Replay - Best Ideas: Rethinking Resiliency and Risk
        • PGIM's Best Ideas webinar replay: Looking beyond the uncertainty
        • CAIA Association Emerging Topics: Author's Perspective
        • Webinar Replay - Rewriting the Credit Playbook
        • Markets in a Post-consensus World
    • Outfront
      • Hyperscale: The Artificial Intelligence and Data Center Revolution
        • Why Are Data Center Locations Important?
        • What are Bottlenecks to Scaling AI?
        • Data Centers: Lease or Build?
        • How Has AI Impacted Data Center Rental Rates?
        • What Will the Next Phase of AI Integration Look Like?
        • How is AI Different from Previous Waves of New Technology?
      • Industrial Policy's Impact: Debt or Dividend?
      • Generative AI: Finding the Competitive Edge Amid Creative Destruction
      • Credit Squeeze
      • From Deglobalization to Regionalization
      • Record Debt, Rocketing Rates and Unknown Fragilities
        • Rising Debt, Inflating Bubbles
        • Markets begin to crack
        • Where Are Today's Unknown Fragilities?
      • ESG and Greenwashing
        • Capital Flowing to ESG Assets
        • Commitment vs Action
        • Active Analysis vs. Passive Indices
        • Confusion around the meaning of ESG
        • Greenwashing: Regulations and Standards
      • Inflation's Uncertain Path
      • 10 Transformational Technologies Powering The 21st Century
      • The Journey to Net Zero: From greenflation to greenium
      • Fresh Frontiers in the Hunt for Yield
      • Strategic Coupling, Tactical Decoupling
      • The Healthcare Revolution: A Prescription for Growth
      • Reimagining Cities: Balancing Debt, Demographics and Dreams
      • Credit Convergence: The Blurring of Public and Private Credit
    • Annual Best Ideas
      • Alpha Opportunities Beyond the Macro Volatility
        • case-studies
          • Building a Diversified Credit Portfolio
          • Optimizing Portfolio Transitions in Emerging Markets
          • Private Market Investment Solutions for Cross-Border Insurance
          • A Strategic Asset Allocation for Enhanced Income
          • Retiree Liability Immunization: An LDI Case Study
        • Artificial Intelligence: An Accelerating Revolution
        • Navigating the Nexus: The Intersection of Insurance and Private Markets
        • Uncovering Opportunities Across Emerging Markets
        • Unlocking Liquidity: The Distribution Edge of Lower Mid-market Private Equity
        • Not All AAA CLO ETFs Are Created Equal
        • Compelling Opportunities in Industrial Markets on the U.S./Mexico Border
        • Enhancing Diversification Through Non-Sponsored Direct Lending
        • Rethinking 'Safe' Withdrawal Rates
      • Rethinking Resiliency and Risk
        • Why Quant for the Future
        • Capitalizing on an expected pickup in rental growth
        • The Evolving Landscape of Insurance and Private Capital
        • Generating income for retirees
        • Opportunities Emerging from the M&A Slowdown
        • Uncovering Value in High-Quality Securitized Credit
        • Why the PE secondary market remains attractive
        • Artificial Intelligence: The Great Wave
        • Putting the Pieces Together: Solving for Targeted Needs
        • Evaluating Employee Retirement Readiness
        • Diversifying LDI Income with Core Debt
        • Aiming to Enhance Returns, Reduce Risk with a REIT Completion Strategy
        • Offering DC Plan Participants Access to Private Real Estate
      • Looking Beyond the Uncertainty
        • Direct Lending and the Shift to Non-Sponsored Deal Flow
        • Macro Uncertainty Calls for Agility & Diversification
        • Data Center Demand Growth Likely a Long-Term Story
        • Flexible Spending and Optimal Retirement Portfolios
        • Opportunities in European Investment-Grade Debt
        • Providing Liquidity in an Illiquid Market
        • Two Shades of Growth for an Uncertain Market
      • Revival Instincts: Opportunities for long-term investors to thrive
        • Cities Are Making a Comeback
        • Finding Value in Volatility
        • The Growing Role of Alternative Funding for E&P Companies
        • Improving Risk/Return Through Private Equity Secondaries
        • A Roadmap for Generating Retirement Income
        • Sourcing Alpha in Emerging Markets
        • Uncovering Tech-Driven Growth in a Crowded Market
      • 2026 Best Ideas
        • AI: Achieving Scale
        • Emerging Markets: Pillars of Opportunity and Potential
        • The Compelling Convergences in a Credit Income Approach
        • Global Living: Tapping into Structural Growth
        • The Case for Private Credit Secondaries
        • Alts in DC: Innovating to Advance Retirement Security
    • The Outthinking Investor
      • Season-5
        • s.5 ep.3: Raising the Stakes - Investing and the Art of Risk Taking
        • s.5 ep.2: The New Arms Race - Supply Chains, Data, and National Security
        • s.5 ep.4: Trading Up - How Active ETF's Revolutionized Investing
        • S. 5 ep. 1 - Against the Grain: Challenging Conventional Wisdom for Better Outcomes
        • s.5 ep.5: Tariffs, Sanctions & Chokepoints - Investing in an Age of Economic Warfare
        • S. 5 Ep. 6: Turbulent Skies? Balancing Growth, Costs, and Geopolitics in Airlines
      • Season-4
        • S.4 Ep.11: Balancing Act - Economic Policy and National Security in a Fragmenting World
        • s.4 ep.10: Future-Proofing Portfolios - Taxes, Tariffs, and Government Spending
        • S.4 Ep.9: Global Elections in Focus - The Impact on Investors and the World Economy
        • S.4 Ep.8: Investing In Cities - Private Capital’s Growing Role In Urban Development
        • S.4 Ep.7: Retirement at Risk - New Ideas for an Uncertain Future
        • S.4 Ep.6: The Paradox of Diversification: The 60-40 Portfolio’s Future
        • S.4 Ep.5: A Pension Comeback? The Future of Retirement in A Higher-For-Longer Regime
        • S.4 Ep.4: Minding Your Blind Spots: Investment Strategies for a New Regime
        • S.4 Ep.3: Healthy Returns - Identifying Future Winners Amid Rapid Medical Innovation
        • S.4 Ep.2: Forever in Your Debt - Investment Risks in an Era of Big Spending
        • S.4 Ep.1: Industrial Policy’s Rebirth Is Reshaping the Economy
      • Season-3
        • S. 3 Ep. 9: Help Wanted - Four Forces Transforming Labor Markets
        • S.3 Ep.8: Risky Business - Taking a Long-Term View on Market Shocks
        • S.3 Ep.7: The AI Boom - Investing in a New Age of Tech
        • S. 3 Ep. 6: The New Oil - The Geopolitical Battle for Chip Dominance
        • S.3 Ep. 5: Future of Food: Vast Implications For Investors
        • S.3 Ep. 3: Lessons from the Banking Crisis: What Risks Remain?
        • S.3 Ep. 2: Upside Risk - Uncovering Investment Opportunities in an Uncertain Market
        • S.3 Ep. 4: David Rubenstein - Investing with a Purpose
        • S.3 Ep. 1: Greying and Growing: The Investment Impact of Demographic Changes
      • Season-2
        • S.2 Ep.2: The Evolution and Future of Private-Markets Investing
        • S.2 Ep.4: Deglobalization in a Post-Pandemic, War-Torn World
        • S.2 Ep.6: The Future of the Energy Transition with Tom Steyer
        • S.2 Ep.7: The New Dynamics of Private Markets with Josh Lerner
        • S.2 Ep.1: The Days Of Disco May Preview Future Inflation
        • S.2 Ep.3: Larry Summers on Rate Hikes, Recession Fears and Stagflation
        • S.2 Ep.5: The Price and Peril of a Low-Rate Regime with Edward Chancellor
        • S.2 Ep.8: Tail Risks and Protecting Against the Unknown
    • Vantage point
      • FedEx's Jeffrey Lewis
      • FM Global CIO Sanjay Chawla
      • IPERS CEO Greg Samorajski
      • Nest CIO Mark Fawcett
      • Ford CIO Erin Rohde
      • Rich Nuzum Mercer
      • CIEBA Executive Director Dennis Simmons
      • GE CIO Harshal Chaudhari
      • Deloitte CIO Alex Lee
      • Boeing CIO Liz Tulach
      • Australian Catholic Superannuation CIO Michael Block
      • Canada Post CIO Irshaad Ahmad
      • International Paper CIO Bob Hunkeler
      • Jeanmarie Grisi, Head of global pensions at Nokia
      • Kathy Lutito, Former Lumen Technologies CIO
      • Kraft Heinz's Michael Jabs
      • Lockheed Martin CIO Paul Colonna
      • Novant Health CIO Syed Haque
      • Vantage Point: A Look Back
      • Prismic CEO Amy Kessler
      • People’s Partnership CIO Dan Mikulskis
      • Wilton Re CIO Shilpa Lakhani
      • West Yorkshire Pension Fund CIO, John Dewey
    • Markets in Motion
      • Fears Shift from Inflation to Lackluster Growth
      • Fed Officials on Alert for Potential Inflation Risks
      • Fed Stands Pat as Inflation Fight Drags On
      • Hot US Inflation Dents Case for Rate Cuts
      • Investors Eye Budget Talks After Mixed Inflation Data
      • Powell Throws Cold Water on March Rate Cut
      • Rate Cuts Not Imminent, Fed Officials Say
      • Revisiting Diversification and the 60-40 Portfolio
      • Taking Stock of Policy Shifts as Trump Era Begins
      • 'Trump Trade' Moves Stock, Bond and Crypto Markets
      • US Economy in Focus as Job Openings Slide
      • US Inflation Eases, Renewing Hopes for Rate Cuts
      • US Jobs Report, Fed Meeting and Election on Tap
      • DeepSeek Triggers AI Selloff
      • Earnings on Pace for Solid Quarter
      • Economic Angst Grows as Inflation Bites in US
      • Fed Cuts Rates, Signals Less Easing in 2025
      • Fed Delivers Half-Point Rate Cut
      • Fed Lifts Rates as Bank Stress Clouds Outlook
      • Fed on the Lookout for Policy's Lag Effects
      • Fed May Pause Rate Hikes After Historic Run
      • Fed Predicts Fewer Rate Cuts in 2024
      • Fed Projects Cautious Optimism on Inflation
      • Fed: September Rate Cut on the Table
      • Fed Settles into Holding Pattern
      • Fed to Make Rate Call as Inflation Progress Stalls
      • Frothy Valuations Reflect Economic and Tech Resilience
      • Global Easing Expands as ECB Cuts Rates
      • Industrial Policy Is Back. How Will Markets Respond?
      • Inflation Retreats in June, Boosting Rate-Cut Hopes
      • Iran's Attack on Israel Heightens Geopolitical Tensions
      • Jobs Report in Focus After Powell Testimony
      • Markets Reflect Changing Rate Outlook as Economy Outperforms
      • Mideast Tension Heightens Geopolitical Risks
      • Recession, Fed Worries Unnerve Global Markets
      • Recession Winds Blow in Europe, Japan
      • US, China Flash Warning Signs for Global Economy
      • US Economic Strength, Tariff Clues Drive Markets
      • US Economy Slows Against Mounting Headwinds
      • US Growth Stays Strong as Fed Weighs Next Move
      • Wall Street Hits Record Highs After Trump Win
      • European Stocks Outpace Wall Street in Market U-Turn
      • Fed Cuts Growth Outlook Amid Tariff Uncertainty
      • Markets Remain on Trade Watch as New Tariffs Loom
      • Markets See-Saw Amid Soft Inflation and Growth Fears
      • US Economy Downshifts Amid Fog Trade War
      • Trade Anxiety Maintains Hold on Markets
      • Markets Settle in for Trade Talks
      • Tariff Timeout Sends Stocks Roaring Back
      • Markets Cheer US-China Trade Truce
      • Fed Wary of Inflation, Labor Risks
      • us credit downgrade turns spotlight on fiscal risks
      • Trade Court Throws Markets a Tariff Curveball
      • 'Bumpy Period’ Keeps Outlook in Flux
      • US-China Trade Progress Stokes Optimism
      • fed dims us outlook, eyes two cuts in 2025
      • Markets Hunt for Clues on Rates, Tariffs and Taxes
      • Fed Debate Heats Up Amid Resilient Jobs Growth
      • Tariff Turmoil Continues to Rattle Markets
      • US Inflation Sends Mixed Signals Amid Tariff Talks
      • US Inflation Sends Mixed Signals Amid Tariff Talks
      • Patience Wins Again at Fed as US Growth Returns
      • Economic Fears Resurface After Weak Jobs Report Cracks appearing to form in the US labor market reignited fears of an economic slowdow
    • Geopolitical Insights
  • Clients
  • About
    • About
      • Our Firm
        • Global Locations
      • Leadership
      • Careers
      • Newsroom
        • Media Contacts
        • Facts & Figures
        • In the News
          • The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror
          • Girls Who Invest and PGIM attract new talent to asset management
          • Glass Hammer: Anar Patel, PGIM Investments
          • The Glass Hammer: Tara Stafford, Project Manager, PGIM Operations & Innovation
          • Diving Deeper: PGIM Private Capital and Insights on Private Debt
          • Four alternative investments for today's higher interest rate environment
          • Glass Hammer: Danielle Navarro, Portfolio Manager, PGIM Fixed Income
          • Three Key Climate Change Investment Themes
          • Institutional giant PGIM targeting FOs, HNWs in Asia
          • Key investment opportunities emerge from real estate downturn
          • Multi-Asset Private Credit Comes to the Fore
          • Natural Gas Will Have 'Huge Impact' on Energy Transition
          • The Glass Hammer: Alison Taylor, Investment Vice President, PGIM Real Estate
          • Glass Hammer: Elyssa McMullen, PGIM Private Capital
          • The Glass Hammer: Natalie Gill, Head of DEI Strategy & Industry Engagement, PGIM
          • Graciella Dominguez: Vice President of Investment Operations, Operations and Innovation, PGIM
          • Heather Garland: Vice President, Head of U.S. Client Marketing, PGIM Investments
          • Helen Chang: Managing Director, Head of Asia Pacific ex Japan, Client Advisory Group, PGIM
          • Melinda Cora: Principal, Head of Product Implementation and Project Management at PGIM Quantitative Solutions
          • Nine Ways to Profit from Energy Mess
          • PGIM President and CEO David Hunt Talks Asset Management's Evolution
          • Su Lin Wee: Executive Director, Head of Asset Management, Southeast Asia, China & Hong Kong, PGIM Real Estate
          • David Hunt on CNBC: Geopolitical Risk and Global Divergence Top of Mind for CIOs
          • PGIM CEO David Hunt: Investors Seeking More Liquidity Amid Idiosyncratic Risks
          • Navigating an 'Energy Trilemma' to Uncover Opportunities
          • Alexander and the Wonderful, Delightful, Not Bad, Very Good Day
          • Pensions & Investments awards PGIM Best Place to Work in Money Management for the fifth straight year
          • End games: Liquidity Crunch Tops Tail-Risk Fears
          • PGIM in Business Insider: How Money Managers Are Preparing Portfolios for the Election
          • Stacie Mintz: Managing Director and Head of Quantitative Equity
          • Tiffany Fleming: Vice President, Client Onboarding & Trading Documentation, PGIM Fixed Income
          • David Hunt on Sky News Arabia during Abu Dhabi Finance Week
          • Neha Singh, Head of Solution Development, PGIM
          • Prudential Financial, Inc. CEO Andy Sullivan on Convergence of Insurance and Asset Management
          • Assessing the Impact of Tariffs on Globalization
          • PGIM Chairman David Hunt on Expanding Access to Private Alternatives
          • Public-Private Debt Convergence Puts the Squeeze on Smaller Managers
          • Demand for Multi-Asset Solutions is Soaring, Says PGIM’s Phil Waldeck
          • The Retirement Crisis: Perception vs. Reality
          • PGIM Real Estate's McDonnell sees pivot toward shorter-term loans
          • PGIM's Farrell outlines large loan, preferred equity opportunity amid bank pullback
          • PGIM Investments ranks no. 4 in Barron's Best Fund Families
          • PGIM ranks No. 3 in Barron's Best Fund Families for strong 2023 fund performance
          • Celebrating six straight years as a Best Place to Work
        • Press Releases
          • Most plan sponsors taking steps to solve retirement income challenge: PGIM survey
          • PGIM appoints head of Australia, New Zealand Institutional Relationship Group
          • PGIM expands ETF lineup to include two laddered funds of buffer ETFs
          • PGIM introduces two active muni ETFs
          • PGIM Investments grows Italian team with senior appointment
          • PGIM launches AAA CLO ETF (PAAA) and short duration multi-sector ETF (PSDM)
          • PGIM launches two Buffer ETF series
          • PGIM partners with iJoin to expand access to PGIM RetireWellâ„¢ Managed Accounts
          • PGIM Private Capital provided record $16.1B in private debt globally in 2022
          • PGIM Private Capital provides nearly $13.7B of senior debt and junior capital globally in 2023
          • Bonds are back in the eyes of allocators: PGIM Investments study
          • Food system stress is feeding innovation and investor opportunities: PGIM research
          • Investors underexposed to burgeoning private alternatives: PGIM Investments study
          • Jennison Associates appoints Jill Cohen as Managing Director as firm reaches 25-year milestone in innovative healthcare investing
          • Jennison Associates celebrates 25 years of Small Cap Core Equity Strategy
          • Jennison Associates expands fixed income unit with senior hire
          • Jennison Associates grows EMEA business with senior hires
          • Montana Capital Partners strengthens US investment activities with NY office launch
          • New Jersey Devils' partner PGIM to activate around 2024 NHL Global Seriesâ„¢ Czechia presented by Fastenal
          • Next generation of leaders and laggards in a new era of labor: PGIM study
          • PGIM announces enhancements to target date funds
          • PGIM announces Michael Lillard to retire in 2024; appoints John Vibert as future CEO of PGIM Fixed Income
          • PGIM appoints Matt Douglass as new head of PGIM Private Capital
          • PGIM expands global footprint into the Middle East with senior appointment
          • PGIM expands portfolio advisory business in Japan with strategic hire
          • PGIM Fixed Income names Tom Porcelli as chief US economist
          • PGIM global institutional relationship group adds senior hire Glenn Harris
          • PGIM hires Sancia Dalley to lead DEI investment strategies
          • PGIM Investments appoints Dominick Carlino as global head of Alternative Investments
          • PGIM Investments hires head of Switzerland
          • PGIM launches four active ETFs
          • PGIM launches three Retirement Spending Funds for personalized spending goals
          • PGIM Multi-Asset Solutions marks continued expansion with key portfolio management and risk hires
          • PGIM opens Tampa office and innovation hub to support global business growth
          • PGIM Private Capital launches ELTIF investment vehicle to support global direct lending strategy
          • PGIM Private Capital provides $7.5B of senior debt and junior capital globally in 1H 2024
          • PGIM Private Capital provides nearly $6.7B of senior debt and junior capital globally in 1H 2023
          • PGIM Private Capital raises $2.23B for sixth mezzanine fund, PGIM Capital Partners VI, L.P.
          • PGIM Real Estate and Grand Living Management acquire Orlando senior housing community
          • PGIM secures Abu Dhabi Global Market licence
          • PGIM strengthens alternatives offering with agreement to acquire Montana Capital Partners
          • PGIM survey: Investors to continue risk-on appetite in 2025, despite geopolitical uncertainty
          • PGIM, UNCF study finds private HBCU endowments need investment support
          • QMA names new head of retirement research
          • Retirement confidence for American workers has been low since 2022, according to new PGIM RetireWell Confidence Index
          • Surge in power demand, green energy transition fuel investor opportunities, PGIM research finds
          • Key promotions at Montana Capital Partners
          • Prudential Financial, Inc. and Warburg Pincus announce launch of Prismic Life Re
          • PGIM Real Estate and Pithos Capital launch self-storage venture in France
          • Private equity secondaries remain in high demand, survey by Montana Capital Partners finds
          • Montana Capital Partners announces landmark deal with Prudential Financial, Inc.
          • PGIM Real Estate and Anton acquire Sydney CBD office to grow Asia Pacific value-add portfolio
          • PGIM Real Estate promotes Shaun Hose to spearhead growth of its UK equity platform
          • PGIM Real Estate provides $345M to refinance national multifamily portfolio
          • PGIM surveys plan sponsors, assesses DC landscape and perspectives on optimizing retirement outcomes
          • Daleep Singh, former U.S. deputy national security advisor, rejoins PGIM Fixed Income
          • PGIM Fixed Income hires Oliver Nisenson as head of Asset-Based Finance
          • PGIM Investments wins nine 2025 LSEG Lipper Fund Awards
          • PGIM launches Better Future Fund to pursue future growth and sustainable competitive advantages
          • PGIM Quantitative Solutions celebrates 50 years
          • PGIM Real Estate bolsters UK housing portfolio with three acquisitions
          • PGIM Real Estate provides $142M in fixed-rate financing for 10-asset industrial portfolio
          • Shifts in trade and national security priorities split globalization into two tracks, PGIM research finds
          • PGIM adds two buffer ETF series and laddered buffer ETF to lineup
          • PGIM Investments appoints head of Southeast Asia
          • Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM
          • PGIM Real Estate provides $129M to refinance Philadelphia industrial center
          • PGIM Real Estate and Citymark Capital announce $500M joint venture to acquire multifamily notes
          • PGIM Real Estate launches German logistics development platform Omnidocks
          • PGIM Real Estate and Elevate acquire Stamford Court to activate vibrant Singapore community
          • PGIM Real Estate provides $120M for acquisition of Jacksonville industrial portfolio
          • PGIM Real Estate provides $120M in fixed-rate financing for grocery-anchored retail center in Oahu, Hawaii
          • PGIM Real Estate provides $171.4M for Southeastern retail portfolio
          • PGIM Real Estate provides $180M for South Florida industrial portfolio
          • Mike McRoberts rejoins PGIM Real Estate as head of Agency Lending; Kelly Follain elevated to head of Multifamily for Fannie Mae
          • PGIM Investments hires Kai Röhrl as head of Germany and Austria
          • PGIM opens office in Jeonju, South Korea
          • PGIM Real Estate appoints head of Core Strategies to drive European growth
          • PGIM Private Capital provides $14.9B of senior debt and junior capital globally in 2024
          • PGIM Real Estate provides $141M in floating-rate financing for affordable housing portfolio in the Bronx
          • PGIM Real Estate raises $2B for final close of Global Data Center Fund
          • PGIM strengthens alternatives offering with agreement to acquire majority interest in Deerpath Capital
          • PGIM Real Estate appoints David Fassbender as deputy head of Asia Pacific
          • PGIM Real Estate records strong momentum with US$1.4 billion of APAC transactions in Q1 2025
          • PGIM Real Estate launches German micro-living platform
          • Prudential Financial and Dai-ichi Life to Pursue Strategic Partnership
          • Prudential Financial to Reinsure $7B Japanese Whole Life Block with Prismic Life
          • PGIM Investments wins 2024 LSEG Lipper Group Award for Mixed Assets
          • Private Equity: Navigating the slowdown – Montana Capital Partners’ annual survey
          • PGIM Real Estate acquires Berlin office property from PIMCO for conversion into residential space
          • PGIM Real Estate closes $346.9M in acquisitions through PGIM Private Real Estate Fund
          • PGIM Real Estate partners with Dekus and HNH for Italy hotel acquisition
          • PGIM Real Estate acquires Signature Senior Lifestyle in partnership with Elevation
          • PGIM Real Estate acquires UK student housing portfolio from Unite Group plc
          • PGIM Real Estate hires Richard Price into key international equity role
          • PGIM Real Estate provides over €300M to finance a geographically diversified logistics portfolio across Germany
          • PGIM Real Estate sells premium hospitality portfolio in Southern Europe
          • PGIM Real Estate provides $100M in fixed-rate financing for North Carolina industrial portfolio
          • Allocators eye fixed income amid persistent uncertainty: PGIM investor survey PGIM’s Gatekeeper Pulse® study canvassed the allocation plans, investment attitudes an
          • PGIM Real Estate provides $107M in fixed-rate financing for two Class A multifamily properties The properties are strategically located within Charlotte, N.C., and Seattle, Wash.
          • PGIM Private Capital provides $6.7B of senior debt and junior capital globally in 1H 2025
          • PGIM and ADGM Academy launch RealAssetX Abu Dhabi to drive innovation and AI for the Real Asset industry
          • PGIM Real Estate provides $132M in floating-rate financing for Boston multifamily property
          • PGIM Real Estate provides €91.5M financing to Hines and APG JV for Dublin build-to-rent scheme
          • PGIM launches UCITS Global AAA CLO Fund
          • PGIM expands fixed income ETF suite with launch of three actively managed corporate bond ETFs
          • PGIM announces $4.2B final close of middle market direct lending fund
          • PGIM Real Estate provides $110M in fixed rate financing for mixed-use property in Tampa
          • PGIM Real Estate provides $24M mezzanine loan for Texas multifamily community
          • PGIM’s real estate business provides $24M mezzanine loan for Miami multifamily property
          • PGIM announces $619M final close of middle market energy credit fund
          • PGIM’s real estate business provides $619M in financing for 15-asset Southeast multifamily portfolio
          • PGIM provides $19M mezzanine loan for New York multifamily development
          • PGIM’s real estate business acquires second asset for German micro-living strategy
          • PGIM and Partners Group enter strategic partnership to deliver multi-asset solutions
          • PGIM’s real estate business acquires Steigenberger Hotel am Kanzleramt in Berlin on behalf of European core-plus strategy
          • PGIM’s real estate business increases loan position in Valor and QuadReal UK logistics portfolio to £119M
          • PGIM’s real estate business provides $260M for Southeast grocery-anchored retail portfolio
          • PGIM expands Australian real estate business with senior hires to drive growth
          • Prismic Life announces close of US$1.3B capital raise
          • PGIM’s real estate business provides $140.5M in financing for national cold storage portfolio
          • Top global brands announced as official sponsors of the inaugural 'A Racquet at The Rock'
          • DWS Acquires Logistics Campus in Berlin from PGIM and Panattoni
          • Abu Dhabi Investment Office and Prudential Financial Inc sign strategic collaboration to advance long-term investment, retirement savings, income, and reinsurance
          • PGIM’s real estate business provides $23M mezzanine loan for Salt Lake City built-to-rent community
          • PGIM announces strategic expansion into private credit secondaries
          • Kamco Invest and PGIM sign MoU for a strategic partnership
          • PGIM expands senior housing platform with $721M in 2025 originations
          • PGIM’s real estate business and Northstar Capital acquire 51 Tuas View Link to expand logistics portfolio in Singapore
          • PGIM makes senior hires in European leveraged finance team
          • Montana Capital Partners announces final close of MCP Opportunity Secondary Program VI (OSP VI)
          • PGIM and National Development announce sale of Class A industrial building in East Hartford Logistics & Technology Park
          • PGIM appoints Charlotte Taylor and Ed Rieger to senior business development roles
          • PGIM provides €325M to finance German grocery-anchored retail portfolio
          • PGIM appoints David Fassbender as head of Asia Pacific for real estate
          • PGIM appoints head of France for real estate business
          • PGIM provides $103M for industrial outdoor storage portfolio
          • Five PGIM funds recognized by 2026 LSEG Lipper Fund Awards
          • PGIM launches new brand campaign, ‘Keep Asking’
          • PGIM appoints Robert Sockin as Chief US economist
          • PGIM appoints Brian Towers to lead global insurance and strategic partnerships
        • Press Release Template
      • Diversity, Equity & Inclusion
        • Investing in Change: A Call to Action for Strengthening HBCU Endowments
      • Contact Us
      • Subscribe
/content/pgim/jp/en/institutional/search
検索

The collapse of SVB and impacts to real estate investing

March 17, 2023

The collapse of SVB and impacts to real estate investing

mail link print

Hear as Lee Menifee, Head of Americas Investment Research, PGIM Real Estate provides his thoughts on the turmoil in the banking sector and what it means for real estate investing.

You may also like
  • Debt-Ceiling Negotiations Down to the Wire
    Debt-Ceiling Negotiations Down to the Wire
    2023年5月18日
    PGIM Head of Government Affairs James Sonne provides an update on the latest developments in Washington with the debt-ceiling deadline approaching.

    詳しくはこちら keyboard_arrow_right

  • Higher Rates Present Overlooked Opportunities in Micro Caps
    Higher Rates Present Overlooked Opportunities in Micro Caps
    2024年5月2日
    Patrick McDonough, Portfolio Manager for PGIM Quantitative Solutions, discusses how investors can capture micro-cap opportunities emerging from market volatilit

    詳しくはこちら keyboard_arrow_right

  • Investing in Sports Across Public and Private Markets
    Investing in Sports Across Public and Private Markets
    2024年10月12日
    Shehriyar Antia, Head of Thematic Research at PGIM, discusses how sports investors can tap into a broad set of opportunities across public & private markets.

    詳しくはこちら keyboard_arrow_right

INVESTMENTS

  • Fixed Income
  • Equity
  • Alternatives
  • Multi-Asset

SOLUTIONS

  • Private Credit Financing
  • Real Estate Financing
  • Defined Contribution
  • Sustainability

INSIGHTS

  • Alternatives
  • Equity
  • Fixed Income
  • Multi-Asset
  • Real Estate

CLIENTS

  • Our Clients

ABOUT

  • Our Firm
  • Leadership
  • Careers
  • Newsroom
  • Diversity, Equity & Inclusion
  • Contact Us
PGIM Logo
  • Terms and Conditions
  • Privacy Center
  • Accessibility Help
  • Country Disclosures
  • Your Privacy Choices
  • Fraud Awareness

These materials are for informational or educational purposes only. All investments involve risks, including possible loss of principal. Past performance is not indicative of future results.

The information contained herein is provided by PGIM, the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates. 

In Japan, information is provided by PGIM Japan Co., Ltd. (“PGIM Japan”) and/or PGIM Real Estate (Japan) Ltd. (“PGIMREJ”). PGIM Japan, a registered Financial Instruments Business Operator with the Financial Services Agency of Japan offers various investment management services in Japan. PGIMREJ is a Japanese real estate asset manager that is registered with the Kanto Local Finance Bureau of Japan.

This information is not investment advice, a recommendation, or a solicitation where prohibited. PGIM is not acting as your fiduciary. This information represents the views, opinions and recommendations of the author. Certain information has been obtained from sources that PGIM believes to be reliable as of the date presented. PGIM does not guarantee the accuracy or completeness of information. Information, including projections and forecasts, may be changed without notice, although PGIM has no obligation to do so. PGIM and its affiliates may develop and publish research that is independent of, and different than, the recommendations contained herein.  This material is not offering any recommendation to purchase, hold or sell any referenced security.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

© 2026 PFI and its related entities, registered in many jurisdictions worldwide.

close
YOU ARE LEAVING THE SITE?

By clicking on this link, you will be leaving this site being directed to a US broker/dealer, member FINRA website.

キャンセル 続行

Sorry based on your current selections, you cannot continue. Please update your selections or visit pgim.com for more information.

This field is required.

保存