Regional insurers continue to consider private credit, infrastructure debt and asset-backed finance even as their chief investment officers are increasingly focused on ensuring their balance sheets can withstand periods of market stress.
The asset class cannot be treated as a monolith, as there are critical distinctions across global infrastructure, regional dynamics and liquidity structures, says Simon La Greca.
Amid macroeconomic volatility and tariff fears, the asset class' insulation from inflation and political risk is proving a compelling draw for yield-hungry yet cautious pension funds and insurers.