Investors around the world face one of the most uncertain and tumultuous periods in recent memory. The Ukraine invasion, a tightening labor market and fragmented supply chains are driving rapid inflation, while interest rates will cause headwinds for growth. With global capital markets shifting faster than ever, investors need to keep their finger on the pulse of change. Are we on the verge of a wage-increase spiral? How is private capital changing the landscape for small firms? Can investors avoid greenwashing in their ESG exposure? What are the signposts for deglobalization?
Welcome to Season 2 of The OUTThinking Investor – an award-winning podcast from PGIM. Hear from global thought leaders and PGIM experts to understand the current trends and forces reshaping global finance. We’ll bring unique perspectives to the underappreciated challenges – and overlooked opportunities – that face investors today.
The New Dynamics of Private Markets with Josh Lerner
The Canada Pension Plan has prospered by investing in alternative markets such as private equity and debt, becoming a model for institutional investors around the world. Today, global pools of private capital stand at over $12 trillion, doubling in just six years.
In this episode, PGIM COO Taimur Hyat and economist Josh Lerner from Harvard Business School offer unique perspectives into the factors driving growth in private markets, current investment opportunities, and the outlook for private markets as interest rates rise.
The Future of the Energy Transition with Tom Steyer
The transition from fossil fuels to renewable energy has created opportunities to invest in a broad array of green technologies. However, this evolution will be decades in the making with plenty of twists along the way. As the emergence of green energy takes shape, how can investors tap into renewables as well as underinvested corners of the traditional energy sector?
In this episode, environmental activist and investor Tom Steyer, the Oxford Institute for Energy Studies’ James Henderson, and PGIM Private Capital’s Brian Thomas discuss the portfolio implications and challenges associated with the energy transition.
The Price and Peril of a Low-Rate Regime with Edward Chancellor
The first experiment in quantitative easing ended in failure for 18th-century France. Is this a lesson for modern times? After years of ultra-low interest rates, central banks are tightening monetary policy to combat rampant inflation - a shift that has ignited volatility and depressed asset prices. With a sea change in interest rates underway, where can investors turn to bolster their portfolios?
In this episode, PGIM Quantitative Solutions' Ed Campbell and financial historian and author Edward Chancellor discuss the pitfalls of low rates and the investment outlook for a new era.
Deglobalization in a Post-Pandemic, War-Torn World
The economy has undergone a massive transformation in a short period of time. Global lockdowns and the policy response to the pandemic have rippled through labor markets and supply chains, while war in Europe has added fuel to inflation’s surge. As the economy continues to evolve, what investment opportunities lie ahead? How will recent trends in technology, energy and business play out? Rob Kaplan and Adam Tooze join PGIM Fixed Income’s Ellen Gaske to analyze how the global economy is changing and consider what the future might hold for investors.
Larry Summers on Rate Hikes, Recession Fears and Stagflation
America's factories were humming during World War II, churning out supplies for the military. After the war, as government spending faded and inflation spiked, macroeconomists were worried that the economy would stumble. Nearly eight decades later, a surge in prices during the U.S. economy's recovery from the pandemic has stoked similar fears.
What can we learn from the post-WWII period? Are we headed for economic stagnation, or even 1970s-style stagflation? Larry Summers discusses the economic outlook and implications for central bank policy.
The Evolution and Future of Private-markets Investing
America's economy underwent massive change in the 1800s, a period when wealthy financiers like Carnegie, Vanderbilt and Rockefeller played crucial roles in driving the industrial revolution. Today, access to private markets is expanding, and savvy investors are embracing this evolution as part of a diversified portfolio.
What are the advantages, challenges, and future opportunities for investors in private markets - from venture capital to real estate to private equity and beyond? And how are private markets changing as the era of low inflation and rock-bottom rates comes to an end?
More episodes please
More episodes please. This is/was becoming my favorite podcast. Thanks