We recently published the results of our annual Global Fixed Income Horizons survey, which captures the views of 300 institutional asset owners in North America, Europe and the Middle East and Asia Pacific.
A key finding was that despite the negative headlines, demand for private credit remains robust. Our survey found that 34% of respondents intend to increase their exposure to private credit over the next 12 months with the sector remaining the most in demand of all fixed income sectors. Helping to drive the allocations is an expectation among asset owners that illiquidity premia and diversification benefits will persist. The focus is toward higher quality credits as well as increasing exposure across geographical regions to increase portfolio resilience and support growth within their local markets