Plotting a Course for 2024: Finding Fixed Income Opportunities – PGIM Investments – 10.5.23

Summary:

Now On Demand

While the U.S. economy remains uncertain, rising interest rates have lifted bond yields to their highest level in two decades and created a favorable fixed income environment. Please join our webinar “Plotting a Course for 2024: Finding Fixed Income Opportunities” on Thursday, October 5, for critical insights on interest rates, economic growth, and the optimistic outlook for bond investors.

The session will feature PGIM Fixed Income’s Michael Collins, CFA, Managing Director and Senior Portfolio Manager, and Tom Porcelli, Chief U.S. Economist, who will share their views on:

• The economy and potential for a “soft landing”
• Inflation and the impact of the current labor market dynamics
• Monetary policy and the prospects of a rate-hike pause
• The outlook for fixed income returns and common investor concerns
• Structuring efficient fixed income portfolios

Speakers:

Chris Nicholson, CFA, is a vice president and Head of Product Management at PGIM Investments. In his role, he is responsible for leading the product management efforts for all strategies across the firm. This includes providing insight into PGIM Investments’ views on the financial markets as well as articulating investment strategy and outlook.

Chris joined PGIM Investments from OppenheimerFunds, Inc., where he served as a vice president and senior product manager covering investment-grade debt and leveraged finance strategies. Prior to that role, he served as a vice president in the subadvisory group at OppenheimerFunds, covering both institutional and retail accounts.

Chris received a B.A. in economics from Villanova University. He is a CFA charterholder and a member of the New York Society of Security Analysts.

Michael J. Collins, CFA, is a managing director and senior portfolio manager for Core, Core Plus, Absolute Return, and other Multi-Sector Fixed Income strategies. Experience. Previously, Collins was a high yield portfolio manager and fixed income investment strategist. Earlier he was a credit research analyst, covering investment-grade and high yield corporate credits. Additionally, he developed proprietary quantitative international interest rate and currency valuation models for our global bond unit. Collins began his career at the firm in 1986 as a software applications designer.

Mr. Collins received a BS in mathematics and computer science from Binghamton University and an MBA in finance from New York University. He holds the Chartered Financial Analyst (CFA) designation and is a Fellow of the Life Management Institute (FLMI). He is currently the chairman of the board for the Center for Educational Advancement, a nonprofit that provides education and employment for people with disabilities. He is the host of PGIM Fixed Income’s “All the Credit” podcast.

Tom Porcelli is Chief U.S. Economist at PGIM Fixed Income. Mr. Porcelli is responsible for leading the formulation of PGIM Fixed Income’s views on the U.S. economy, contributing to the internal investment process, and engaging with clients and key stakeholders on timely macroeconomic developments. Prior to joining the Firm, he was Chief U.S. Economist at RBC Capital Markets for 14 years. In that role, he focused on forecasting and creating narratives around the U.S. economic backdrop as part of the global economic effort. Mr. Porcelli worked closely with the various functional units within RBC Capital Markets and traveled globally to meet with RBC clients to share his insights on the U.S. economy and markets. Before RBC he worked as an economist at Merrill Lynch where he was a member of the team responsible for economic forecasting and Fed watching. Mr. Porcelli began his career at the Federal Reserve Bank of New York working on the Open Market Desk. In this capacity, he was closely involved with the execution of and analysis around monetary policy. In addition, he was responsible for disseminating pertinent economic and market analysis to policy makers in an effort to provide them with critical information used in the policy making process. Mr. Porcelli appears regularly on Bloomberg and CNBC and is quoted widely in the global press. He holds a Master’s degree from Columbia University.