Finance

Trump’s Trade War Spurs Clients to Pause Investments, PGIM Says

David Hunt on His PGIM Tenure, Private Credit, Liquidity

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By Alexandre Rajbhandari, Romaine Bostick, Scarlet Fu, and Silla Brush

May 15, 2025 at 6:19 PM UTC

PGIM Chairman David Hunt said institutional investors paused allocation decisions and are reconsidering US exposure because of uncertainty created by President Donald Trump’s trade war.

The environment has led investors to sit on the sidelines, Hunt said Thursday in an interview with Bloomberg TV.