PGIM, Partners Group to Build Multi-Asset Portfolios for Individual Investors

Core Insights - PGIM and Partners Group have formed a strategic partnership to create multi-asset portfolios for both individual and institutional clients [1][2] - The partnership aims to offer a suite of investment products that focus on broad diversification across public and private markets and multiple asset classes [2][3] Company Overview - PGIM operates a $1 trillion credit platform that includes public fixed income, private credit investments, and a large commercial real estate portfolio [2] - Partners Group specializes in private equity and infrastructure investments [2] Investment Strategy - The new investment products will be available as stand-alone options or as part of defined contribution plans and insurance portfolios [2] - The partnership is part of a broader trend among asset managers to create products that blend public and private asset exposures [3][5] Market Trends - Other asset managers, such as Goldman Sachs, T. Rowe, KKR, and Blackstone, have also formed partnerships to launch model portfolios that combine public and private market exposure [5] - A report by FUSE Research Network projects that alternative assets in the U.S. wealth management channel could rise to $3.03 trillion by 2029, with an annualized compound growth rate of 17% [5]