New frontiers in private markets

Benefit Street Partners believes private credit has faced scrutiny recently and there are four horsemen of the apocalypse charging toward private credit investors, but three are phantoms. One, however, is real.

ClearBridge Investments: Energy-driven inflation and geopolitical risk increase the likelihood of higher-for-longer interest rates, which listed infrastructure has several mechanisms for passing through to earnings.

Franklin Templeton Institute considers reserve management in portfolio terms in this paper, incorporating the need for managers to deliver adequate risk-adjusted returns while also addressing liquidity and currency allocation objectives.