PGIM CEO Hunt: Expectations for Returns Need to Come Down

The video discusses the risks associated with investing in emerging markets, emphasizing the need for investors to adjust their return expectations. It highlights the limited effectiveness of negative interest rates, particularly in aging economies, and the necessity for structural reforms in Japan to stimulate growth. The video also examines the dynamics of the equity market, driven by attractive dividend yields compared to bonds, rather than strong fundamentals.

What are the potential risks associated with investing in emerging markets?

In what ways has accommodative monetary policy influenced the equity markets?