Claudia Guest

This session explores the nature and cThis session features asset owners on fiscal dominance taking over from monetary policy, inflation pressures, valuations in developed bond markets, emerging market bonds, credit spreads, the lack of defensiveness in fixed income and their portfolio allocation today.haracteristics of the asset lending market, the capabilities required to access it, and current opportunity areas.

This session explores the nature and characteristics of the asset lending market, the capabilities required to access it, and current opportunity areas.

Since the GFC, the loan market has changed in several ways with the growth of collateralised loan obligations and second lien loans.

This session explores structural risks, the relative value of real estate debt over other credit asset classes, and how private credit foster more sustainable real estate.  

Over $130 billion in US assets defaulted in 2020, with certain issuers continuing to be impacted by the economic slowdown. Industries such as media, telecom and retail characterised by high leverage and are experiencing meaningful structural or secular changes.

In this session, we discuss whether there are a secular trend and tailwinds increasing the demand for private credit by both investors and borrowers; and discuss the challenges and opportunities to generate attractive risk-adjusted returns.

Unlike the financial crisis, this downturn’s unique feature is the wide variation in industry exposure to the virus — constraints on spending, occupational health risks, and geographical variation in the virus outbreak will continue to affect industries differently.

This session explores the market environment and challenges associated with reconciling structural change from liquidity concerns and the ability to leverage mean reversion in ascertaining fair value in uncertain times.