Opportunity in private credit: Is it worth the investment?

Nuveen’s 2023 EQuilibrium survey found that over 80% of global institutional investors were planning to expand their reach for yield, and nearly half of those respondents were revisiting their traditional fixed income allocations. But exploring opportunities in traditional fixed income asset classes was not the only approach being pursued. Investing in alternative credit was selected as the next most popular course of action, including private credit, real estate debt and CLOs.