February 2021 Newsletter
The first quarter of each year sees institutional investors rebalance and reinvest last year’s gains into more attractively valued or diversifying positions. 2021 begins with investor risk appetite at high levels, driven by hopes that vaccines and stimulus will lead to the recovery and normalisation of economic activity. This year, the challenge is finding opportunities which offer genuine value and diversification.
In this Newsletter, we examine these strategies and consider how Asian private debt might complement and enhance portfolio construction options.
In our inaugural newsletter we begin to address many of the facts, misconceptions and aspirations of the Asian private credit asset class. In this edition we discuss:
1. Thematic Focus – A four trillion-dollar funding gap
2. Market Insight – Covenants: The best a loan can get
3. News Centre – Links to several articles and white papers we found interesting