Allocators are taking a closer look at the makeup of their credit portfolios in an effort to mitigate concentration risk and add duration.
Higher borrowing and input costs mean broadly buying the market does not guarantee the level of returns investors came to expect from private assets.
The standard for what constitutes a prudent fiduciary process for private assets in defined contribution plans remains to be defined.
But they have little appetite for private credit and hedge funds.
Fund financing, reporting and risk management are investors’ top concerns, according to a CSC survey.
A head of insurance client solutions stresses why long-term investors need to distinguish between measurable risks and the broader uncertainty inherent in investing.
