A senior investment officer at a $695 billion firm breaks down tax reform
Nov 17, 2017, 11:39 IST
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Business Insider executive editor Sara Silverstein sits down with Michael Collins, the senior investment officer at PGIM Fixed Income, to chat about tax reform, which he says is in constant flux. He says that PGIM is looking at the deductibility of interest expense, which affects his firm, which is a big investor in corporate bonds. He notes that in the long term, some of the proposed measures could end up being positive for credit investors.