The enthusiasm of executives at the managers for private debt is increasing, albeit carefully, amid the pandemic due to its returns profile and shorter lock-up period versus private equity.
Asia may be weathering the coronavirus pandemic better than its Western counterparts, but it is nonetheless expected to throw up financing and restructuring opportunities.
Investors interested in collateralised loan obligations may need to review their plans given the prospect of downgrades and a lack of support by the US Federal Reserve's new credit facility.
The Australian pension fund is widening its alternatives exposure and assessing its approach to Chinese assets. Troy Rieck, the CIO, wants the US to open up its infrastructure market.
Diversification bids the Korean asset owner to expand its geographic focus. The move comes after years of consideration, its CIO tells AsianInvestor.
Asset owners in Asia are warming to CLOs blended with direct private lending but will need to tighten the due diligence on their managers as a result, investment experts say.