According to PGIM Fixed Income’s G-10 lead economist Ellen Gaske and chief investment strategist Robert Tipp, we may expect to see two rate cuts in the second half of 2019—more than what the median Fed projection has penciled in, but less than the three cuts the market has been pricing in.
Nathan Sheets, PGIM Fixed Income’s chief economist and head of global macroeconomic research, recognizes that uncertainties regarding U.S.-China trade tensions have multiplied and provides perspective based on the question of “what do we actually know?”
As the United States and China work toward a resolution of the ongoing trade war, an important question is whether the agreement will achieve any appreciable further opening of the Chinese economy and, if so, how such gains will be distributed across China’s trading partners.
PGIM Fixed Income's Q2 outlook examines the conditions that may affect market performance after a strong Q1, the factors supporting global economic growth, and the forward trends of each fixed income sector.
Prudential Capital Group has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners (PCEP), the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. The appointment comes on the heels of the recently announced closing of Prudential Capital Energy Partners I, L.P., a $343 million energy mezzanine fund. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Fixed Income’s first quarter 2019 outlook follows a period of heightened market volatility and notable developments in politics, monetary policy and economics. Yet, as several of PGIM’s portfolio managers note, amid stable, more moderate global growth, recent volatility may have opened a window of near-term opportunities.
NEWARK, N.J., October 24, 2018 - Given the lightning-quick pace of technological change, investors must evaluate their portfolios to weed out obsolescence risk from incumbent products and business models that might soon be displaced, while developing a disciplined active investment framework to identify potential technology-driven winners, according to the latest report examining megatrends from PGIM, the $1.2 trillion asset management businesses of Prudential Financial, Inc. (NYSE: PRU).
MEXICO CITY, October 16, 2018 - Prudential Capital Group opened a new Mexico City office as it continues to build relationships with and provide long-term capital to strong companies in a wide range of industries in Latin America, the company announced today. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)
When investors recall the third quarter of 2018, many may cite the fractures that occurred in certain corners of the fixed income market. In its fourth-quarter outlook, PGIM Fixed Income evaluates the extent of the damage, the factors that contributed to the periodic volatility, how these issues may unfold going forward, and the nature of the opportunities that lie ahead.