The Investment Podcast: The state of play in European private credit

19 min listen 18 Dec 23

Risk assets have repriced over the past year due to financial-market volatility and higher-than-usual levels of uncertainty surrounding issues such as terminal rates, inflation, geopolitics and economic growth. Consequently, we believe private credit currently offers unusually high potential returns while retaining its traditional defensive characteristics of low duration and security.

However, selecting a manager who has experienced periods of higher default rates, who implements conservative underwriting standards, and who can perform rigorous credit analysis is key, in our view.

Speakers: Fiona Hagdrup, Head of Leverage Finance Investments, Michael George, Senior Fund Manager, Robert Scheer, Senior Direct Lending Originator

Host: Aramide Ogunlana, Senior investment Specialist

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. Past performance is not a guide to future performance. The views expressed in this document should not be taken as a recommendation, advice or forecast.

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