Over the course of more than a decade following the Global Financial Crisis, private markets have grown immensely. And in particular, private debt has been in high investor demand as a result. But has the COVID-19 financial crisis given a similar boost to private credit as the GFC did years ago? And what is the dynamic at work when it comes to the greater borrower universe? Are public and private fixed income conflicting forces, or perhaps joint forces, in portfolio development? On this episode of Disruptive Forces, Susan Kasser, Head of Private Debt, and Ashok Bhatia, Deputy CIO of Fixed Income join Anu Rajakumar to help answer these questions that could be on investors’ minds, as well as share their perspectives about their respective asset classes in light of current market conditions.
Added Value in ABS
Corporate credit offers tight spreads and a broad consensus—might the complex crosscurrents of securitized products be more interesting?
Private Credit Is Gaining Steam—Where Do We Go From Here?
A vast menu of private credit arrangements now finance nearly every aspect of the real economy.
A New Era for Private Credit
(15:12) Will the private credit bubble burst, or is it the dawn of a lasting investment trend?