Australian Firms Tout Private Credit After Pandemic Drives Down Yields
- Revolution Asset says its secure debt strategy returns 6%
- FIIG says family offices show more interest in private debt
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Australian asset managers reported growing interest in the private-credit market from institutions and family offices seeking income after the pandemic drove down yields on traditional investments.
Funds are stepping in with direct lending to firms as banks retreat, participants said Wednesday on Bloomberg’s Inside Track webinar series. That’s opening up alternatives to fixed-income and the potential for higher returns in sectors such as property, technology and health care, they said.