Private credit’s game of footsie is getting riskier
Stronger guardrails are needed before these funds seep into the $9tn US retirement market
Stronger guardrails are needed before these funds seep into the $9tn US retirement market

Recent ructions highlight the case for better scrutiny of the asset class

More frequent asset valuations can boost market resilience and investor confidence

The sector remains untested in a severe or prolonged economic downturn

Diversification is the foundation of good investing

Inflated private ratings could mask credit risks and leave insurance companies undercapitalised

Pullback underscores concerns about looser underwriting standards and rising credit risks