NEWARK, NJ—Accelerating urban expansion offers rich investment opportunities that coincide with the need for institutional investors to look beyond short-term gains as they seek new ways to build long-term strategies. The urban megatrend offers investment opportunities, particularly in the areas of urban infrastructure, real estate, an evolving agricultural supply chain, and consumer goods and services, says a white paper from Prudential Investment Management, the $918 billion asset management business of Prudential Financial, Inc.

The white paper, entitled The Wealth of Cities, offers a new view of opportunities provided by urban expansion, with specific investment ideas in emerging and developed markets across a range of public and private vehicles that offer attractive avenues for investors.

“Understanding how megatrends affect asset classes is crucial as CIOs move toward a long-term strategic portfolio management approach that takes them beyond simply beating short-term benchmarks,” says David Hunt, CEO of Prudential Investment Management. “As we considered urbanization, we drew from expertise in our global investment businesses specializing in public and private fixed income, public equity, and real estate, to examine its impact across asset classes and share our best thinking on new investment ideas for capitalizing on the long-term opportunities created by expanding cities around the world."