Prudential Offers Secret to Illiquid Markets: `Buy Good Stuff'

  • Lillard says investors can't count on liquidity like in past
  • Mexico offers emerging markets opportunity, Prudential says

Michael Lillard, who oversees more than $500 billion as chief investment officer of Prudential Fixed Income, said bondholders must be prepared to keep securities for longer than in the past because it’s become tougher to enter and exit positions.

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