BlackRock Stumbles in Asia Private Credit Push, Forcing Rethink
BlackRock Inc., the world’s largest asset manager, had big ambitions for Asia’s private credit market.
BlackRock Inc., the world’s largest asset manager, had big ambitions for Asia’s private credit market.
Jeffrey Gundlach, CEO of DoubleLine Capital, warned in a podcast appearance Monday that private credit “has the same trappings” as the subprime mortgage market that precipitated the Global Financial Crisis.
Rising holdings of the asset class could lead to problems when the next downturn comes
Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets. Liquid bond and loan markets are providing renewed competition, threatening...
Mobius has seen its private markets assets under administration (AUA) increase sixfold over the past five years from roughly £200m to £1.2bn.
PwC’s strategic recommendations for how banks can change operating models and expand capabilities to compete and partner with private credit.
The Bank of England (BoE) has confirmed it intends to conduct a stress test focused on the resilience of private markets.
What is private credit, why your advisor may be telling you about it, and the pros and cons.
The collapse of First Brands demonstrates some of the challenges of private credit, while its use continues to expand.
The Bank of England said on Tuesday risks to Britain’s financial system had risen this year due to stretched valuations of companies investing in artificial intelligence, risky lending to big companies and...