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Q&A: Volatility creates opportunity in emerging markets – PGIM head

(Reuters) – The only thing abnormal that the head of Prudential Financial Inc’s asset management unit sees in the recent burst of stock market volatility is that it had not happened sooner. PGIM Chief Executive Officer David Hunt, whose unit manages $ 1.2 trillion, spoke with Reuters about the opportunity it triggers and more.

Q: What do you make of the market correction?

A: It’s not at all unexpected and a bit overdue.

Obviously, we look at that as long-term investors and for us, this means that we can get in at a better entry point.

Q: Is there an opportunity?

A: If you take the 10…
Reuters: Money

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