Asian asset owners get pickier with private credit

High interest rates and market volatility have made asset owners in Asia more selective in private credit, pushing fund managers to adapt their investment approaches and fundraising pitches. Amid high cash returns and higher default risks, investors now seek strategies with visibility, lender-friendly terms, and stronger downside protection, according to fund managers, who are also facing tougher competition.  Private credit has been popular among investors because it is not sub…