Private credit is booming but questions remain whether it is sustainable given higher interest rates and the risk of recession.

Private credit is booming but questions remain whether it is sustainable given higher interest rates and the risk of recession.
Eric Wong is stepping down as lead portfolio manager for the two strategies, replaced by Paul Greer.
The investment manager will grant Krungthai Bank’s clients access to a broader set of international investment capabilities.
Maria Abbonizio has been with Fidelity since 2004.
Fidelity is following in the footsteps of other asset managers like BlackRock and Neuberger Berman in launching its first mutual fund in mainland China.
FSA compares the Jupiter UK Alpha and Fidelity UK Special Situations funds.
It is the third foreign fund management company to do so.
Despite the sudden surge in approvals for foreign-owned mutual funds, global asset managers struggle to gain much traction in China.
Efund’s drink bet, Federated Hermes’ straight-talking wisdom, getting active in Japan, hedge fund launches in 2022, Fidelity is hiring, scary words from central bankers, Jack Bogle and much more.
‘The traditional 60/40 portfolio was dead and buried last year but the outlook now looks far better – it has been resuscitated.’
Part of the Mark Allen Group.