Hang Seng reports that China will need to continue to drive deleveraging for a shift from an investment-and-exports-led to a consumer-and-services-led growth model.
2 min read · 07 March 2016
What do Republican presidential nominee candidate Donald Trump, North Korean dictator Kim Jong-un and Irish Taoiseach Enda Kenny have in common? Individually not much, but together they highlight a threat to the stability that allows the private debt market to thrive.
2 min read · 04 March 2016
Managers who aren’t worried about the UK’s exit from the EU should be – it could seriously undermine the progress made by Europe’s private debt industry.
2 min read · 26 February 2016
The timing of several new, high-profile credit platform launches will shape their respective growth rates and development.
2 min read · 19 February 2016
Should alternative asset managers be taking short-term action to convince shareholders that it’s worth it in the long run? Surely balance sheet cash could find a better home than in an asset manager’s own equity.
2 min read · 12 February 2016
The US leveraged lending market has been leading Europe in terms of attractiveness for the past several months, with the yield gap widening substantially. The two markets are likely to converge again – but will the lending that has increased US yields spread to Europe, or will there be a resurgence of liquidity stateside?
2 min read · 05 February 2016
With Sankaty the latest market participant to plot a business development company launch, PDI examines why some peers aren’t following suit – and whether they might be missing out.
3 min read · 29 January 2016
It’s not yet clear if the leveraged finance market will continue to stutter or if it’s just taking time for bank lenders and high-yield investors to return to business as usual. In the meantime, private debt managers are making hay.
2 min read · 22 January 2016
From more growth and more failures to the implications of an unpredictable superpower, PDI considers what lies in store for the year ahead.
3 min read · 15 January 2016
The US consulting firm has constructed a performance index for US mid-market lending based on private and public BDC performance tracing back to 2004.
2 min read · 11 January 2016
