Private debt
Secure income
Comprised of a broad range of carefully selected debt assets, this strategy provides access to illiquid and alternative assets while also seeking to generate returns from the more liquid parts of the private credit spectrum such as leveraged loans.
Building on M&G’s long track record of investing in private debt assets, the strategy combines a diverse range of private and illiquid debt assets that target steady, reliable income and return premia.
The portfolio is designed to be resilient in all market conditions, and is constructed with a bottom-up, value-based approach, while incorporating strong ESG credentials, including an allocation to sustainable investments and impact assets.
Private credit markets have multiple access points with varying levels of risk. Investing in a wide variety of assets enables us to maximise the opportunity set where we seek to provide a premium in excess of comparably rated public securities.
Through an open-ended structure, the strategy offers flexible exposure to alternative and differentiated types of income-bearing assets across the cycle, such as leveraged loans, direct lending, SRTs, infrastructure debt, real estate debt, and public and private ABS.
These assets could provide attractive levels of floating rate income, while illiquid assets held to maturity also have the potential to generate steady returns driven by coupon income regardless of the macroeconomic backdrop.