Fixed income made up 47% of this income-oriented strategy. Core bonds constituted 21% of assets (up from 18% a year earlier)—slightly under the strategic target and split evenly between PGIM ...

PGIM’s topnotch fixed-income and growth-equity managers still inspire confidence. The firm’s diversified fund lineup consists of products managed by its subsidiaries, including PGIM Fixed ...

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co-chief investment officer of PGIM Fixed Income. "Now, with the debt ceiling and everything else going on, no one wants to be short that option," he said. U.S. sovereign CDS spreads have ...

While years ago buying protection for a U.S. default was an unpopular trade, things have changed recently because of policy uncertainty in Washington, said Greg Peters, co-chief investment officer of ...

The record levels of high yield in the bond industry combined with a wave of new innovations among fixed-income ETFs are leading to a surge in inflows in the space, according to a report by BlackRock.

"We're telling investors to continue to be cautious and de- risk," said Gregory Peters, co-chief investment officer at PGIM Fixed Income, which has assets under management of $837 billion.