However, other countries have not been able to keep the confidence of bond vigilantes, which brings us to the European mess, which I will examine in part two of this article.
Chris Condon is principal and founder of Chris Condon Financial Services
Alternatives
The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.
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