PGIM’s 2024 Best Ideas paper shines a light on the areas where we believe investors will find promising opportunities, buoyed by PGIM’s distinct depth of expertise.

This paper explores the practical, theoretical and empirical case for an indexed approach in fixed income, outlining why passive investing came later and examining whether its growth might continue to echo, or even catch up to, that of equity markets.

Our 2024 expectations for annualised returns over the next 20 years are a mixed bag. Strong gains across markets over the past year have tempered our expected returns for equities relative to our 2023 outlook. On the other hand, higher starting yields translate into improved expectations versus last year across many fixed…

Investors were reminded of the growing importance of alternative credit in portfolios during the interest rate run-up — and accompanying market volatility — that began in early 2022. Of note, Nuveen’s 2023 institutional investor survey showed that nearly 50% of investors were revisiting traditional and/ or opportunistic…

We have pared back our expectations for a US recession until later in the year. However, the Active Fixed Income team continues to question whether inflation really is yesterday’s problem.

Private credit as an asset class is in demand from a range of investors. The asset class has become a direct substitute for traditional fixed income assets for many investors, which are continuing to increase allocations. A recent investor survey suggested that 51 per cent of existing private credit investors expect to…

Since the Fed started hiking interest rates in March 2022, global liquidity conditions have tightened materially, bringing inflation down, but it has now raised risks of an adverse growth outcome in 2024. Markets are unprepared for this scenario and continue to assume a ‘soft landing’ – that inflation can dissipate without…

The private credit market has been in the limelight in recent years, but we believe current price discounts to par offer a compelling case for investing in public credit markets.

Inflation pressures should moderate, although a likely recession affecting countries around the globe has been brought into sharper relief.

In recent years, green bond issuance has risen rapidly around the world. But so too has the scrutiny of managers' capital allocation strategies by asset owners. In this new paper, fixed income portfolio managers from Nuveen explain more about the firm's impact bond investing framework. They also highlight important best…

As 2022 lumbers on, investors are looking for ways to protect their assets from rising levels of inflation. With volatility in equity markets and continually low yields in fixed income markets, many investors are unsure about how best to invest their funds.

The recovery from the worst of the global coronavirus…

For institutional investors, cryptocurrencies also offer the allure of extraordinary and diversified returns in a market that is now of sufficient size and liquidity for meaningful institutional positions. Indeed, some market participants estimate that about 5% of total Bitcoin supply are now held by institutional investors…