David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as close to the assets as possible gets you the most power”.
Other topics that were explored include the growing range of asset classes, a maniacal search for yield, whether passive investing is simply investing in the status quo, and the rise of ESG – from the importance of non-consensus views to precisely where in the garden the flowers of sustainability must bloom.
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