The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Greg Peters exemplifies the Navigator through pre-mortem discipline and macro regime-reading that keep PGIM's fixed income portfolios oriented as terrain shifts. His pivot from 'lower for longer' to 'higher for longer' shows a willingness to recalibrate conviction when the landscape demands it, not when comfort allows it.
“Say that loud. No, well, you look at, I mean, it's what you'd expect, which is the more traditional media folks are slower to that process, right? And so that's a strength that we can bring that they don't necessarily have the same fluency of accessing.”
“Think we will be able to do it in the way that I described it, you know, and that envelope of what we can deliver will change every year, right? So like we've seen, it'll grow and grow. And, you know, I don't know when it would get to that ultimate level, but it's going to be a ways away, I think.”
“Yeah, exactly. There's a whole bunch of design considerations that goes into the things that we use and how we interact with them in our daily lives. And some of those design considerations are about functional, right? Like how does it show up when I'm actually using it?”
“I mean, it is a lever that's at our disposal. I think it's a lever that, quite frankly, you use at your own peril. So I would say my goal is that actually, yeah, we will change the ad load. We'll decrease it over time.”
Masters in Business: “US Treasuries to Bond Market Portfolio With PGIM”
LISTEN AT THE SOURCE ↗THE RECORD IS CHECKABLE