We sat down with CIO, Gustav Karner, to talk about how the EUR 1.2 billion fund managed to create a positive return in 2022 with the help of hedge funds and defensive macro positioning.....
Conventional wisdom may be subject to challenge and assuming a return to ‘normal’, when the past decade was anything but normal, represents a risky bet - argues Mark Dowding of RBC Bluebay Asset Management
Private markets have developed into a global, highly diversified and heterogenous universe where some sub-sectors offer investors relative and absolute value. But deployment has slowed down and we have reached a crossroads: it takes (more) time to agree on value in this new context - argues Allianz GI´s Emmanuel Leblanc
Azhar Hussain, Head of Global Credit at Royal London Asset Management, gives his views on where the high yield markets are heading in 2023 and how the story will be all about the recession and the shape of the default cycle.....
Tuomo Hietaniemi and Antti Kortela, Portfolio Managers, Private Debt Funds, gives us an in-depth look into a well diversified portfolio of direct lending, specialty finance, asset backed lending and special situations strategies as well as strategies and allocations going forward....
Over the past year we have interviewed allocators who specialise in alternative and private credit across the Nordics. This report highlights how Nordic investors and allocators are adapting to a new environment of raising rates, sticky inflation and possible recession and how it is effecting their strategies and allocations to alternative credit......
Yolanda Courtines, Equity Portfolio Manager at Wellington, argues that strong relationships with companies, formed through regular engagement, allows asset managers to help companies navigate the increasingly demanding list of risks that management teams and boards are facing.....
Pinebridge Head of Credit and Global Fixed Income, Steven Oh, argues that valuation cracks will develop in the months ahead, and he is looking to move from defensive to offensive when opportunities emerge.......
Portfolio Manager, Michael Levén, shares his views on the current state of the private credit markets, where he sees opportunities and how manager selection is key to minimising downside risks.....
"An environment that continues to rattle risk markets should favor carry asset classes like credit, with a higher proportion of stable returns coming from coupon income, which can act as a buffer against volatility," argues two managers.......
