Do emergency savings equal better retirement? See our latest research for more insights into the needs and challenges for plan sponsors and participants.

New thinking to deliver optimized participant outcomes. Access our award-winning publication Shifting DC Times.

Institutional investors have embraced commercial real estate, but their reluctance to allocate to equity REITs has been costly for beneficiaries over the last decade. As the search for yield continues, a fresh look at equity REITs is warranted.

Many investment managers apply strict portfolio constraints under the guise of risk management best practices. This paper examines the costs of those investment constraints and how an unconstrained investment approach can be key in generating long-term excess returns.

62% of DC participants worry about retirement income – yet very few take advantage of guaranteed solutions. Our latest paper explores how plan design and default options may overcome barriers and reframe the income conversation.

Should high yield investors go global? See how shedding the home-country bias in high yield offers improved potential for diversification and creates meaningful advantages for investors seeking a wider range of alpha sources.

Accommodative monetary policy has fostered an environment where yields on many traditional core and core plus strategies aren’t keeping pace with investors’ spending needs. More flexible, multi-sector fixed income strategies that can complement core and core plus mandates warrant consideration.

Applying a process designed for small pension risk transfer (PRT) transactions resulting from plan terminations to today’s large, discretionary transactions may produce suboptimal results for plan sponsors. Analysis by Athene suggests that ongoing price monitoring can drive improved outcomes.

U.S. jobs created through the economic expansion have a distinct “barbell” feature that favors higher and lower income jobs over middle income earners. The paper examines the drivers of income inequality and how policymakers and participants can adapt to the new economy.

A P&I roundtable of experts from Capital Group, Manulife Asset Management and Securian Asset Management dive into the evolution and expanding uses of LDI.

We are living in an era of unprecedented technological change. As such, we believe the implications for investors will be profound. PGIM's latest megatrend research examines how technology is unleashing disruption beyond Silicon Valley and transforming investment opportunities across industries, asset classes and geographies.

Debates abound on what to make of financial markets’ recent behavior. We assess the fundamentally driven changes and outline several levers of active management that investors can pull to help close the return gap.