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.

Macro Pulse offers holistic global economic, geopolitical, and asset allocation views. We believe the next 3 months mark a major inflection point for global asset allocation. Will U.S. growth slow, allowing rates to decline and global growth to converge? Or will it re-firm, increasing the likelihood of a more pronounced…

Franklin Templeton Institute is pleased to share our 2024 private markets outlook, which reflects the independent research and analysis of the Institute, and insights from our specialist investment managers. Inside, we review the current landscape and what we see as the best opportunities for each asset class in the year…

Risk-free rates and the cost of capital lifted sharply in 2023, pressuring commercial property pricing and transactions across most markets. However, selective opportunities are now emerging in private markets, including in the logistics sector.

In 2023, while general markets experienced upswings, some segments saw declines. Here we offer some observations on 2023, armed with the wisdom of hindsight, as well as some foresight on the factors likely to impact thematic developments in 2024.

What should be considered gateway markets and core property types today? The investing universe and real estate markets have evolved dramatically over the last few decades. See the list of markets that now rank highly as gateways and which once-niche sectors could be labeled core property types under our proposed definitions…

2023 was characterized by several key themes in the capital markets: the U.S. Federal Reserve’s battle against inflation; the resulting impact on issuers of higher-for-longer interest rates; a much slower pace of merger and acquisition activity as buyers and sellers dealt with mounting borrowing costs, valuation…

During the last few years, many U.S. pensions have become fully funded for the first time since 2008. With the widespread adoption of liability driven investing (LDI), bonds now represent a majority of pension assets. With the use of more hedging and less equity risk, pension plan surpluses are likely to persist. This paper…

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…