PGIM: Asian Gatekeepers Split on Adding or Cutting Risk
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PGIM: Asian Gatekeepers Split on Adding or Cutting Risk
Market uncertainty is leading to increasing divergence on whether or not to add risk in investment portfolios. Amongst Asian fund selectors, there was an exact 50/50 split, according to a PGIM study. Gatekeepers at large global financial institutions in Asia (minimum of $1 billion in assets under management) were divided on the market outlook, with 37 percent looking to add risk and 37 percent looking to reduce risk in the next 12 months, accord…
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