A number of cyclical and structural headwinds for corporate profit growth have implications for a more cautionary stance over the near term for fixed-income investors, but it could also mean interesting valuations and opportunities over the long term, according to a new study by PGIM’s fixed income strategy team.

Defined contribution plan sponsors are engaged in reviewing multiple aspects of their plan, including investment menu, overall plan approach, financial benefits, retirement income, plan demographics and more. Discover ways to fine-tune DC plans to improve overall retirement security for participants.

Private credit continues to be a compelling asset class for institutional investors for diversification and yield. Consider the multiple roles it can serve in a portfolio, the current areas of opportunity to consider, key aspects of middle-market direct lending, and how managers are navigating the macro-economic environment.

In EDHECinfra Research for Institutional Money Management, we examine the 10-year performance of infrastructure investments, the inclusion of natural gas in the EU Green Taxonomy, the main motivation for accessing non-financial investment data, the potential loss in value of Russian airports, and a transition risk estimation approach to airport infrastructure.

In the race to net-zero carbon emissions, we believe decarbonization must take place in the real economy, rather than via a more superficial portfolio decarbonization. This means engaging fully to help difficult sectors with their own transition.

As investors incorporate sustainability factors in their investment approach, machine learning and data networks can offer unique insights on potential opportunities and risk mitigation. A systematic asset manager shares how it uses natural language processing to help identify investable ESG themes.

Many institutional investors embrace an ESG lens when they select and work with asset management and financial firms, and there is increasing focus on how their managers follow and incorporate ESG principles. Discover how clear intentions and transparent actions support ESG alignment with institutional clients.

As institutional asset owners’ concerns about the durability of the 60/40 portfolio have grown, it has led to a greater focus on finding alternative sources of diversification and return. This alternative strategies expert lays out how strategies such as fixed-income relative value, merger arbitrage and others can add long-term resilience to institutional portfolios.

Environmental, social and governance investing has evolved into a robust and sophisticated framework across the asset classes that is inclusive, activist and focused on delivering alpha. Learn how investors are addressing its dual purpose — to effect positive change and generate alpha — through the multi-asset lens and what challenges lie ahead.

A review of traditional asset allocation in terms of fixed-income duration and risk premia can generate tangible benefits of hedging risk and improving returns, particularly for outcome-focused investors – and here are portfolio construction steps that can address the duration mismatch.