Investors are fleeing from India's debt funds at the fastest pace in a year as wariness mounts amid widening cracks in the nation's credit market.
Smaller companies notoriously have a difficult amount of time getting access to credit cards. They don't have a long operating history. Even if they've raised millions of dollars, there are a lot of hurdles to jump to get access to a business credit card. Startups, just like any company, need a corporate card for their expenses -- and they need one yesterday.
Credit investors who've plowed billions of dollars into private equity-sponsored LBO debt will be hit hard when the credit cycle turns and defaults rise, Moody's Investors Service warns in a new report.
The PS29.6bn Pension Protection Fund (PPF) has appointed Purna Bhudia as head of credit. The appointment comes after the PPF took the decision to insource part of its investment management activities last year. Bhudia has joined the team to support the PPF's ambitions to develop its sterling-based investment grade credit capabilities and is responsible for delivering both public and private market strategies; as well as designing and delivering the fund's credit target operating model.
Darrell Cronk, president & chief investment officer at Wells Fargo Investment Institute, shares his thoughts on the 2018 markets. He also discusses why the hedge fund community will experience a better year in 2018.
In this video, CIO Eric Kirsch discusses Aflac's $100 billion-plus global portfolio and its orientation toward Japan. The panelists also dive into the correlation between data science and credit and why big data could one day assist with sound credit analysis. Panelists include: David Barcus, director of investments, Denison University; Eric Kirsch, global chief investment officer, Aflac; Rodney Overcash, investment director, Margaret A. Cargill Philanthropies. Neal Graziano moderated.
Hear asset allocators discuss why they don't have exposure to P2P lending investments; why P2P lending could one day be a competitor to traditional asset-backed securities; and the importance of sound credit underwriting. Panelists include: David Barcus, director of investments, Denison University; Eric Kirsch, global chief investment officer, Aflac; Rodney Overcash, investment director, Margaret A. Cargill Philanthropies. Neal Graziano moderated.
A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.
In this video, institutional investors discuss the state of the private debt space; the differences in their investment approach; and why certain companies view insurers as a natural source of capital. Panelists include: David Barcus, director of investments, Denison University; Eric Kirsch, global chief investment officer, Aflac; Rodney Overcash, investment director, Margaret A. Cargill Philanthropies. Neal Graziano moderated.
Shares of India’s banks may be set for a pullback, according to Vikas Gattani, chief investment officer at Singapore-based fund manager Progress Asia Capital and Advisors Pte. “In the absence of any sharp uptick in banking credit and a major redressal in the banks’ balance sheets via capital injection or otherwise, we fear that this sector could severely correct if the earnings do not keep pace with expectations,” Gattani wrote in a letter to investors seen by Bloomberg. The S&P BSE India Bank Index, a gauge of the nation’s largest lenders, reached a record high on Aug. 1. Indian stock...