Whalen of TCW Says Firm Gets Defensive: Milken Update
PGIM Chief Executive Officer David Hunt, center, during the Milken Institute Global Conference in Los Angeles, on May 2.
Photographer: Lauren Justice/Bloomberg
This article is for subscribers only.
It’s the first day of speakers at the Milken Institute Global Conference in Los Angeles, which brings together everyone from dealmakers to celebrities as it returns to its pre-pandemic spring schedule.
The famed gathering, in its 25th year, has outlined its focus as the power of connection, celebrating “the forces that bring us together while confronting the issues that keep us apart.” It’s a fitting theme for a world jolted by war in Ukraine just as the highest inflation in decades raises the specter of recession and the dregs of a global pandemic refuse to disappear.