Category: Outlook

Waiting for the storm: private credit mid-year outlook

Looking along the Webb Bridge Melbourne

In this outlook, we assess why private credit has generally been resilient for the first half of 2023. But as we head into the second half of the year what’s behind the growing divergence between defensive and cyclical issuers? And given our view that recession in the US and Europe remains a distinct possibility, how should investors factor in overall credit risk? 

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