As demand for private credit has grown over the past five years, so too has the availability of offerings such as the US Business Development Companies (BDCs). The current balance of risks tilts toward a favourable risk/return profile.

Headlines highlight the growing demand for power generation, largely driven by digitalisation, AI, robotics, and automation. The undersupply of infrastructure needed to support it provides a real market opportunity for investors.

Post-GFC, banks trimmed corporate credit risk from their balance sheets, creating a direct lending boom. We are now in the early innings of Asset Backed Finance filling a similar capital void.

Powerful cyclical, secular and structural changes are reshaping the outlook for asset classes and opportunities abound for those able to reorientate investment portfolios accordingly. This session explores a diverse mix of perspectives on the outlook for on the outlook for global equities and liquid alternatives.

Artificial Intelligence is disrupting industries and creating winners, losers, and perceived losers. Long-term value is created by owning resilient businesses rather than chasing momentum.

We are living in an age of exponential change and radical uncertainty. We must prepare ourselves (and our portfolios) for the seismic societal and economic shocks that are hurtling our way – we're witnessing the mother of all disruptions.

Each year, Portfolio Construction Forum Markets Summit kicks off with a video retrospective of the prior year, reflecting on the biggest geopolitical, economic, market, environmental, sporting, and human interest stories of the prior year...

Investors should assign a higher weighting to the possibility of President Trump and President Xi striking a bargain on Taiwanese sovereignty.

The global rules-based order is cracking, resulting in an increasingly complex and uncertain macro backdrop. Practitioners will need to consider information from a broader array of specialists to understand the drivers of and outlook for markets.

Investors will look back on 2025 as the beginning of the end of US exceptionalism. Practitioners must now consider geopolitics in their fundamental analysis, alongside macroeconomic and company factors.

Rather than treating ethical decision-making as a cognitive issue, investment professionals should develop "ethics muscle memory", increasing the chances of successfully navigating moral predicaments in the moment.

Private credit is entering a new phase of maturity, expanding beyond direct lending into a broader spectrum of asset-based finance. For portfolio constructors seeking stability and yield - it's time to make a move.

There's been a slow-moving dynamic playing out within global real estate which is setting up the sector for multi-period outperformance. This dynamic is widespread but acute in some sectors.

Rich Pickings explores the investment beliefs and philosophies of prominent professional investors. In this episode, I'm in conversation with London-based, absolute return fixed income investor, James McAlevey, BNP Paribas Asset Management...

A complex array of issues is changing the outlook for economies and investment markets. It is time to make a move to better understand these issues so we can better manage risk and uncertainty, and design portfolios capable of improving the financial well-being of individuals.

From the origins of Western order in the Renaissance through the Enlightenment, five interconnected crises now threatening its foundations. Our choice is simple – optimise within decline, or rebuild the foundations that made our prosperity possible.

In an era defined by rapid economic shifts and evolving banking regulation, the time to make a move is now – asset-based finance is emerging as a compelling frontier for investors.

With parts of the private credit market under pressure from rising impairments and liquidity constraints, investment-grade credit provides a way to access equity-like returns without taking on additional risk or sacrificing liquidity.

Investors should challenge what value means in today's evolving market and think pragmatically about how value co-exists alongside other accretive factors, thereby uncovering opportunities that challenge the traditional definition.