Advisors favor active management to navigate unsettled markets, pgim study finds

Newark, n.j.--(business wire)---- $pru--with choppy markets reflecting both optimism and uncertainty about an unfolding recovery, financial advisors are relying heavily on actively managed strategies to navigate the road ahead, according to a new pgim investments survey of more than 500 financial advisors. pgim investments is part of pgim, the $1.5 trillion global investment management business of prudential financial, inc. (nyse: pru). the survey found that advisors allocate a substantial percentage of
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