Navigating the New Era of Credit Markets

This chapter explores the end of a bull market in fixed income, driven by rising inflation and interest rates, and discusses the resulting challenges for credit markets. It emphasizes the strategic approach required for portfolio construction amidst a slowing economy, while also highlighting the growth potential of private credit within a rapidly expanding market. The conversation looks forward to the implications of evolving investment dynamics, focusing on how institutional investors can adapt by diversifying into alternative assets.