Hints and tips:
...Equally, however, much of the work that’s still required lies in raising awareness and changing behaviour across the political and public spectrum....
...They earn a spread by acquiring money at a lower price and lending it at a higher one....
...Across the spectrum of listed fintech businesses globally, there’s been an impressive bounce over the past 12 months....
...But as you go down the credit quality spectrum, such as in single-B’s, deals are going to price higher, maybe at a 450-500bp spread....
...Where on that spectrum does the truth lie?...
...A $5.5bn fund from King Street is up 4.75 per cent to August 25, with part of the performance driven by lending opportunities to smaller companies backed by private equity firms....
...King thinks money market funds are taking cash from the RRP and lending it to repo borrowers, who may be hedge funds running the basis trade....
...Interestingly, one banker at an advisory boutique told me that a fresh area that has proved promising takes advantage of structural changes in corporate lending markets....
...Arguments have centred on the differences between the old and new lending benchmarks....
...It has pivoted hard into private credit, though this form of lending gives regulators the heeby jeebies....
...And investors, short of options, are nudged further out on the risk spectrum. And liquidity certainly rose....
...But today I feel like because you’re at the nexus of the banking system tightening lending standards, reducing risk-weighted assets on balance sheets and money coming into the market, you have a window that...
...The good news is that there are more easy-to-access fund vehicles to get into various niches within the private asset’s spectrum....
...Having made its name in real estate funds, it now sees some of the best opportunities in lending directly to companies....
...“The size of the higher returning markets is not as big as if you move down the return spectrum to infrastructure, core-plus real estate, direct lending and private credit for insurance companies,” said...
...This is especially the case for the high end of the IG quality spectrum which has to cope with the re-emergence of cash as a competing and rewarding alternative....
...sector ructions stoked worries over tougher lending standards....
...On the other hand, if the money pays off a debt, it is destroyed — the reverse of the process by which lending creates money....
...Where on that spectrum are we?...
...That might involve lending into official arrears for a country like Sri Lanka, or any country experiencing high debt distress, really created by irresponsible lending on the part of the Chinese....
...Conscious decoupling from China For years I’ve been at the confident end of the spectrum that globalisation, broadly defined, is doing a pretty good job of surviving the most recent shocks, Covid among...
...The decision was met with widespread criticism from across the religious and political spectrum, its Ramadan reasoning lending the debacle a worrying sectarian overtone....
...Instead, from November 23, it’ll reset the lending rate to match the overnight deposit rate and render unprofitable the parking of excess cash....
...Whether known as private debt, non-bank lending, alternative lending, shadow lending, or private credit, the investment class has witnessed eye-popping growth in the space of two decades....
...Such a situation could also potentially curb demand for fresh leveraged lending just as many riskier borrowers start to think about how to refinance themselves after a burst of debt issuance during the cheap...
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