Image:
LGIM Real Assets private credit research manager Lushan Sun
While a recessionary backdrop may mean private credit investors stay cautious in the short term, we believe there are grounds for optimism in 2023, not least higher starting yields.
Counter-cyclical sectors, with good pricing power and strong structural protections will provide more defence against recessionary conditions. By contrast, higher risk, deeper sub-investment grade ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
