The Derivative
RCM Alternatives
Defensive Equity, Flex Options, and the Future of Quant at PGIM
FEB 12, 202656 MIN
Defensive Equity, Flex Options, and the Future of Quant at PGIM
FEB 12, 202656 MIN
Description
<p>In this new episode of The Derivative, host Jeff Malec talks with PGIM Quantitative Solutions’ Devang Gambhirwala and Lorne Johnson about managing over $100 billion in quant and multi-asset strategies inside a $1.5 trillion asset manager. They break down the boom in options-based ETFs, from covered calls and defensive equity to buffered and defined-outcome strategies powered by flex options, plus what today’s volatility and rate environment mean for investors. The trio also tackles the impact of AI, fiscal imbalances, and even gold’s renewed role in portfolios. SEND IT!</p><p><br>Chapters:</p><p><strong>00:00-00:46= </strong>Intro</p><p><strong>00:47-07:25</strong>= From Newark to Quant: Devang & Lorne’s Paths to PGIM and the Rise of a $100B Quant Group</p><p><strong>07:26-17:06</strong> = Inside PGIM QSG: Trillion‑Dollar Roots, Quant Investing 101, and the Rise of AI-Driven Models</p><p><strong>17:07-28:30</strong>= Options Boom: Democratized ETFs, Flex Options, and the New Era of Defensive Equity</p><p><strong>28:31-42:38</strong>= Defined Outcomes, Tail Hedges, and Building Portfolios for an Uncertain Macro World</p><p><strong>42:39-56:24</strong>= AI, Gold, and the Future of Risk: PGIM’s Take on What Comes Next for Markets and Jobs</p><p><br></p><p>Follow along with <a href="https://www.linkedin.com/in/devang-gambhirwala-89186128/" target="_blank" rel="ugc noopener noreferrer">Devang Gambhirwala</a> and <a href="https://www.linkedin.com/in/lorne-johnson-6a47574/" target="_blank" rel="ugc noopener noreferrer">Lorne Johnson</a> on LinkedIn and be sure to check our PGIM's website at <a href="https://www.pgim.com/us/en/intermediary" target="_blank" rel="ugc noopener noreferrer">www.pgim.com</a> for more information!</p><p><br></p><p>Don't forget to subscribe to<a href="https://www.rcmalternatives.com/the-derivative-podcast/" target="_blank" rel="ugc noopener noreferrer">The Derivative</a>, follow us on Twitter at<a href="https://twitter.com/rcmAlts" target="_blank" rel="ugc noopener noreferrer">@rcmAlts</a> and our host Jeff at<a href="https://twitter.com/AttainCap2" target="_blank" rel="ugc noopener noreferrer">@AttainCap2</a>, or<a href="https://www.linkedin.com/company/rcm-asset-management/" target="_blank" rel="ugc noopener noreferrer">LinkedIn</a> , and<a href="https://www.facebook.com/RCMAlternatives/" target="_blank" rel="ugc noopener noreferrer">Facebook</a>, and<a href="https://info.rcmalternatives.com/get-our-blog-alternatives" target="_blank" rel="ugc noopener noreferrer">sign-up for our blog digest</a>.</p><p><br></p><p>Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit<a href="http://www.rcmalternatives.com/disclaimer" target="_blank" rel="ugc noopener noreferrer">www.rcmalternatives.com/disclaimer</a></p><p><br></p>