PGIM Fixed Income, one of the largest fixed income managers globally with $837 billion in assets under management, welcomes Daleep Singh back as vice chair, chief global economist and head of global macroeconomic research, effective April 21, 2025.
Singh rejoins PGIM Fixed Income after being reinstated as U.S. deputy national security advisor for international economics and deputy director of the National Economic Council in February 2024, a role he also held between February 2021 and June 2022. In this capacity, he served as former
President Biden’s top international economics advisor, driving policy formulation at the intersection of economics and national security.
Singh previously served as PGIM Fixed Income’s global chief economist and head of macroeconomic research from June 2022 through February 2024, before he was once again called upon to serve at the White House.
Singh will report to Gregory Peters, co-chief investment officer for PGIM Fixed Income, and will be responsible for oversight of the global macroeconomic research team, which includes senior economists with extensive experience in the public and private sectors. As vice chair, he will also assume broad executive responsibilities including building out the firm’s global brand and serving on PGIM Fixed Income’s senior leadership team.
“Daleep is one of the most sought-after experts on the global economy, and we are thrilled to welcome him back to PGIM Fixed Income. Daleep’s extensive experience and insight at the highest levels of government will be fundamental in helping our firm navigate the increasingly complex macroeconomic and geopolitical forces driving global financial markets,” Peters said. “We look forward to the impact he’ll have on our organization and on investment outcomes for our clients.”
Before initially joining the Biden administration, Singh was executive vice president and head of the markets group at the New York Fed. From 2011 to 2017, he worked for the U.S. Department of the Treasury, including as acting assistant secretary for Financial Markets and deputy assistant secretary for Europe and Eurasia. Preceding his tenure at the Treasury Department, Singh spent eight years at Goldman Sachs focused on U.S. interest rates and emerging markets.
“I’m delighted to return to PGIM Fixed Income and grateful for the opportunity to take on a broader set of responsibilities to help the organization — and its clients — meet the transformative moment we’re in,” said Singh.
