Growth is going to be below 2% in the developed world and that is well below trend. So you've got higher rates, higher inflation and lower growth as an investor right now. I would actually say that investments who have a vintage over the next 24 months probably are going to have somewhat higher returns than some of the ones that were put out in say 2018 and 2018. There's a very good reason why so much money has moved into money market funds most recently because of the little banking blips that we had where basically a lot of money came out of regional lenders.
Hanneke Smits, CEO of BNY Mellon Investment Management, shares her thoughts on the macro landscape and trends in the asset management space. PGIM CEO David Hunt discusses his Bloomberg Invest panel Today’s Assets: From Safe & Secure to Risky & Untouchable. JJ Kinahan, CEO at IG North America, discusses investing in ETFs. Ram Nagappan, Chief Information Officer at BNY Mellon Pershing, talks about the digitization of the advisory industry. Jim Gold, CEO at Steward Partners, explains how artificial intelligence is impacting advisories.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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