The Singapore-based firm is widening its focus beyond the US to North Asia, Europe, and Australia for late-stage secondary deals — prioritising companies with clearer profitability and a short liquidity horizon.
Investors can no longer overlook the performance and influence of emerging markets (EM) in the global economy. After delivering robust returns in 2025 despite global volatility, selective parts of the EM debt universe deserve a bigger role in global allocations, say L&G’s Ben Bennett, head of investment strategy for Asia, and Uday Patnaik, head of Asia fixed income and global EM debt.