Illiquidity premia in private debt

Our real assets research team drill into proprietary data to compare risk and return across sectors, drawing out those showing most relative value.

Private infrastructure debt still offers a broad spectrum of opportunities, but investors face complex challenges. In this Q&A, our infrastructure debt team contemplate the current state of the market and where it goes from here.

Rapid changes in the global economy could tip some sectors into low-carbon phases faster than incumbents expect, with important investment implications.

In this article, we look at the strong fundamentals of this emerging asset class, as well as the opportunities and challenges for investors.

The higher rates regime is testing borrowers everywhere. Gregor Bamert considers the implications for real estate debt.

Ewan Macaulay outlines why private debt markets in real assets offer compelling relative-value opportunities, despite macroeconomic uncertainty.

What role could private assets play in UK defined-contribution pension schemes, where decision-makers are searching for returns and diversification? Heather Brown from our UK pensions team consults a panel of specialists.

Ben Sanderson explains why polarisation in real estate investment performance is only going to increase from here.

After a slow start to the year, Darryl Murphy ponders what it will take to get the UK infrastructure market moving again.

Cracks have begun to emerge in the banking sector in recent weeks. As the tide of cheap money that has flooded financial markets for more than a decade ebbs, members of our investment teams are on the lookout for other signs of distress.

Opportunities are emerging across real estate markets in the UK and Europe, but investors will have to be nimble and discerning in their asset selection, say Imogen Ebbs and George Fraser-Harding.

Faced with a more challenging outlook for returns, real-estate equity investors must get more sophisticated and active, argue Ben Sanderson and David Hedalen.