Insights
Perspectives on credit, the cycle, and capital.
Market commentary, research notes and macro outlook from the Market Intelligence Income Fund team.
Market conditions and most economies have proven surprisingly resilient. Corporate profitability has remained largely intact outside a few sectors, labour markets are still strong, and financial markets are providing an opportunistic window for capital raising. But risks are still lurking, which could derail our base case of a soft landing.
Read More →Tactical positioning across consumer, corporate and real estate debt as the higher-for-longer environment reshapes spread, duration and default expectations.
Read More →What is happening in the US? Risks to US growth remain elevated. The Fed Funds Rate, measured in real terms, sits at one of the most restrictive levels in modern history. The question is one of timing, not direction.
Read More →Consumer sentiment is deeply pessimistic, particularly following further RBA rate increases. Yet the Australian economy continues to show resilience, supported by an unemployment rate of just 3.7%.
Read More →When deciding whether to invest in alternative investments, there are five focus points that institutional and sophisticated allocators consistently return to.
Read More →Why allocating across consumer, real estate, corporate and trade finance debt produces a fundamentally different risk profile than single-strategy private credit.
Read More →Why private credit, properly underwritten, offers a defensible source of income and capital preservation through the cycle.
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