All Credit articles – Page 2
-
White papersPrivate credit’s overlooked opportunity: the case for non-sponsored direct lending
Sponsored, direct lending continues to dominate the European private credit market representing approximately 80% of the region’s debt market. The growth of European direct lending is continuing apace with almost €100 billion raised over the last 2 years and total AUM now estimated at roughly €450 billion.
-
White papersSri Lanka’s Turnaround Story
How debt restructuring, rebuilt reserves and a fiscal turnaround are reshaping the country’s credit fundamentals — and what it means for emerging market debt investors
-
White papersWhy isn’t headline risk translating into market movements?
What explains the divergence between volatility metrics and the significant geopolitical uncertainty?
-
White papersHigh Yield Has Changed. Have Perceptions Kept Up?
Welcome to this month’s edition of Where Credit is Due—a newsletter from Barings recognizing value across the people and portfolios shaping credit markets today.
-
White papersHiring a Systematic Bond Manager? Seven Questions for Candidates
Systematic bond investing needs specialist skills and resources. Has your manager got what it takes?
-
White papersFour for fixed income: The themes driving bond markets
Many investors entered 2026 expecting slower growth, cooling inflation, and eventual Federal Reserve rate cuts. Instead, markets have faced a more complicated reality, with geopolitical tensions rising, oil prices moving higher, rates backing up, and investors pricing a meaningful probability of additional Fed tightening. Yet the U.S. economy remains resilient, inflation has generally improved, and productivity gains driven by technology and AI continue to support growth.
-
White papersEuropean Private Loans: Quality by Design
European private loans should not be read as simply another form of private credit. They are better understood as, on average, high-quality investment grade bank lending, with embedded illiquidity premia well suited for a tight spread environment.
-
White papersCutting through the noise: Why lower and core middle market direct lending still delivers value in clients’ portfolios
Private credit has become one of the most discussed corners of institutional investing — and one of the most misunderstood. Daily headlines about troubled borrowers, struggling business development companies (BDCs), redemption pressure, and concentrated software exposure have created the impression of a market under stress. But beneath the noise, the lower and core middle market direct lending segment that has historically powered investor outcomes is performing well, behaving as designed, and, in our view, is about to deliver one of its most attractive vintages in years.
-
White papersHow U.S. middle market direct lending complements and enhances European portfolios
Direct lending continues to expand across Europe as institutional and sophisticated high-net-worth investors recognize the attractive opportunities available. Demand for private credit, and specifically middle market direct lending, is growing faster than supply, prompting investors to look beyond their domestic markets.
-
White papersCutting through the noise: Why lower and core middle market direct lending still delivers value in clients’ portfolios.
A long-form perspective from Principal Alternative Credit on what investors should be watching—and what the headlines are missing—in today’s private credit market.
-
White papersCLOs: A More Selective Opportunity Set
CLOs remain supported by resilient fundamentals, strong demand and attractive carry, but compressed spreads and growing collateral dispersion are raising the bar for credit selection, manager discipline and portfolio construction.
-
PodcastReplacing Equity Beta with High-Carry Credit
Trevor Slaven joins the podcast to discuss the rationale for and conclusions of his recent piece, Replacing Equity Beta with High-Carry Credit.
-
White papersHigh Yield Holding Firm as Opportunities Evolve
High yield bonds and loans remain well supported by resilient fundamentals and strong demand, with attractive all-in yields continuing to drive investor interest even as spreads remain tight.
-
White papersReplacing Equity Beta with High-Carry Credit
With U.S. equity valuations elevated and fixed income yields attractive, investors may be better served replacing portions of broad equity exposure with high-carry credit over the next three to five years.
-
White papersWhat investors should watch as private credit market matures
Private credit entered 2026 with familiar momentum: durable investor demand, an expanding opportunity set, and a growing role in institutional portfolios. Yet the first half of the year also brought a noticeable shift in market sentiment. Headlines around redemptions from semi-liquid funds, default activity, and pockets of borrower stress have challenged the perception of private credit as a uniformly resilient and continuously expanding asset class.
-
White papersPrivate Credit: An Emerging Silver Lining
Careful deal selection and attention to risk can help investors capitalize on recent market turbulence.
-
White papersInsurance Midyear Outlook: Finding Value in Tight Markets
A multifaceted perspective is critical for a full understanding of opportunity and risk.
-
VideoHow could inflation and AI shape fixed income markets?
Inflation remains an important consideration for fixed income investors, although the outlook may differ over the short and longer term. Supply pressures and investment in artificial intelligence (AI) could add to inflation in the near term, while productivity gains from AI could contribute to a more disinflationary environment over time.
-
White papersSix Themes Redefining the Corporate Hybrid Market
The corporate hybrid market has gone global, with issuance hitting €108 billion in 2025. Six forces are reshaping what this asset class is, who issues it, and how investors should approach it.
-
White papersFixed Income Outlook 3Q 2026: Looking to the Data When Visibility Is Low
Diverging economic growth and less visibility on policy are creating opportunities in fixed income rates and credit.
