Even as traditional fixed income offers more attractive rates, investors continue to explore alternative credit for its stability.
J.P.Morgan Asset Management present a 12- to 18-month outlook for alternative assets and explore the most promising investment ideas from the CEOs, CIOs and strategists of their USD 200 billion-plus alternatives platform.
Border to Coast Pensions Partnership has invested £575m in private credit as part of a £3bn private markets programme also covering equity and infrastructure assets.
Schroders has launched a multi-private credit fund (MPCF) for UK defined benefit (DB) schemes in response to growing demand for long-term and alternative income streams.
While private credit mandates may not be straightforward to set up, they are a reliable source of income with lower default risk, says Mark Fawcett.
The majority of schemes have claimed political and economic uncertainty has led them to disregard contingency planning for the range of potential Brexit outcomes.