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Private credit is next big wager for Australia pension funds | Amy Bainbridge & Ruth Carson

Australia’s biggest pension funds are losing their appetite for bonds as interest rates peak and are instead ramping up bets on a potentially riskier avenue of higher returns: private credit. Cbus, which has A$90 billion ($59 billion) in total assets, is planning to triple its global allocation to private credit…

Private Credit Is Next Big Wager for Australia s Pension Funds

Private Credit Is Next Big Wager for Australia s Pension Funds
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Private Credit Is Next Big Wager for Australia s Pension Funds

(Bloomberg) Australia’s biggest pension funds are losing their appetite for bonds as interest rates peak and are instead ramping up bets on a potentially riskier avenue of higher returns: private credit.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearBill Ackman Rockets Up Best-Paid Hedge Fund List by Doing Very LittleCbu

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