The city-state's drive to become a regional hub for alternative assets over the past few years has encouraged interest from new kinds of investors and led to evolving products.
HSBC Life Hong Kong plans to deploy new capital into private equity and private credit investments over the next three years, its chief investment officer said.
As bank financing retrenches across the region, the Canadian pension manager eyes the opportunity to fill that gap.
In partnership with Nuveen
The rapid growth of private credit as an asset class in the US and Europe reflects attractive investment characteristics that could make it well-suited to address recent macro challenges, says Randy Schwimmer, senior managing director and co-head of senior lending at Churchill from Nuveen, and Mattis Poetter, co-chief investment officer of Arcmont from Nuveen.
As recession risks loom and high rates weigh on corporate balance sheets, private credit investors are betting on segments that can capitalise on periods of dislocation and tightening liquidity.
Apollo CEO Marc Rowan said that increasing banking regulations are pushing private markets to offer financing, which could lead to eventual course correction, particularly in Europe.
Sun Hung Kai & Co thinks it's crucial for hedge fund portfolios to stay liquid amid volatility, preferring strategies that don't take big equity bets.
Private credit is also seen as being able to weather “higher for longer” rates environment well, a newly released report finds.
Joffrey Desrousseaux, head of investment solutions at DBS Private Bank in Hong Kong, explains the private bank's fund selection approach and latest investor preferences.
The Malaysian pension fund is eyeing its first private credit deal this year as a part of wider private market push.
China Life Overseas and Manulife Asia will stick to pivoting portfolios towards fixed income assets into 2024 in preparation for a high-rate environment and evolving insurance rules.
Some family offices are moving towards conservative asset allocations as concerns about markets grow and a risk-off impulse takes hold.