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KangaNews NZ Private Debt Feature
Changing Times Unlikely to Halt Private Debt Growth in New Zealand.
23/05/2023
Changing Times Unlikely to Halt Private Debt Growth in New Zealand
Private debt has emerged as an asset class globally in line with constraints on banks’ capacity and willingness to lend and as low rates compelled investors to contemplate alternative income asset classes. In New Zealand, higher interest rates are changing – but not eliminating – the return equation while market users say the opportunity set is poised to increase further
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