Robin Blumenthal

The firm has expanded its insurance asset management platform with a new offering and plans to purchase a Dutch manager.

The firm recorded net investment income of $137.9m in Q4, the highest of any quarter in 2021.

There has been a surge of interest in the retail investor channel, with fund managers launching new products and hiring specialist resources. But concerns such as transparency and liquidity form a challenging background for those on both the investor and asset management sides. Robin Blumenthal lifts the lid on the key issues

The asset manager organically raised a record $25bn in Q4, $77bn for the full year.

The lower-mid-market vehicle has exceeded its initial target by more than $1bn, raising more than twice the amount of its predecessor.

Private debt accounts for as much as 45% of total commitments, the highest among strategies

Is there systemic risk in private credit? And, if so, what are the chances of it spilling over into the broader economy?

The manager expands its reach into the mass affluent market with the launch of a $1bn vehicle and a stake in CAIS.

Plentiful liquidity and a low default rate are generating optimism for leveraged loans, but aggressive leverage may yet cause concern.

With the spectre of inflation continuing to rise and gold prices approaching five-month highs, investors are once again flocking to the metal. And amid the renewed interest, two firms have designed private offerings to help capture some of the potential upside, writes Robin Blumenthal.