12th June 2018

Big wheels keep on turning


Despite concerns of rising populism in Europe and further afield, strong corporate earnings and a low default environment continue to be supportive for direct lending in Europe. The floating rate nature of the asset class provides further upside in a rising rate environment, with our borrowers contractually hedged against higher base rates. We are confident direct lending in Europe still offers compelling risk-adjusted returns for investors for the foreseeable future.

Download report