PGIM has been present in private credit for decades, but its plan for a major push is coming at a time when some of the industry titans are starting to worry if the boom is coming to an end.
Improvements and integrations to the custodian's FMAX platform and Envestnet's Insurance Exchange are among the updates to rollout.
Envestnet's Dana D'Auria discusses what the driving forces are behind this shift to personalized investments and what they look like.