20 min read 8 Sep 21
Summary: Private debt offers a broad and diverse investment universe that is often well-suited to an insurer’s balance sheet. However, approaches that focus on certain sub-types of private debt could create barriers to effective investment over time and inadvertently narrow the opportunity set.
By looking at private debt mandates from a new perspective, that allows managers to flexibly source assets across the full range of opportunities and manage portfolios with specific insurance-led risk constraints – could help insurers harness the full potential of the asset class, now and as it evolves.
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.