At Morningstar: PIMCO CEO Sees Growing Business in Private Credit Market
While currently a small part of overall business, private credit could help pension funds meet returns.
While currently a small part of overall business, private credit could help pension funds meet returns.
Corporate debt could hit ‘wall of maturity’ in a few years, Morningstar panelists say.
Practice seen as less risky as it was before the financial crisis.
Performance-based model, new leadership strengthens position.