Photo: AMC
Summary: PGIM’s CEO says performance improved, but investors didn’t stick around, and he names the behavioural cost. When asked why average assets fell, he picks the one cause that worries him most.
Summary: PGIM’s CEO says performance improved, but investors didn’t stick around, and he names the behavioural cost. When asked why average assets fell, he picks the one cause that worries him most. How would you describe the past 12 months for your fund house in one sentence? A validating year: our disciplined growth-and-quality style delivered clearly improving performance. But investor patience and flows lagged. What was your single biggest mistake this year, and what did it cost investors? Our biggest mistake was not doing enough to keep investors and channel partners invested through a rough patch
This article was originally published on October 23, 2026.