Right now, it makes sense to sit on the credit fence
Pete Robinson | CIP Asset Management | 23 February 2022 | 0.50 CE
Historically, sitting on the fence has implied indecisiveness. But can a high conviction view be a lack of conviction? Investors may be facing a regime shift in markets that changes the traditional relationship between growth and defensive allocations. In a low conviction world, an allocation to a blend of public and private credit makes sense. It allows investors to sit on the fence, retaining flexibility through a period of heightened uncertainty while still generating an acceptable return.
Presentation (32 mins) | Slides
Podcast (32 mins)