Private credit fuels asset managers’ AUM growth, as banks cede corporate loan share to non-banks

Moody's Talks - Focus on Finance - A podcast by Moody's Investors Service, Ana Arsov, Danielle Reed, Mark Wasden, Bruno Baretta, Donald Robertson - Wednesdays

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Neal Epstein explains how comparatively strong credit performance and returns draw asset managers to private credit despite high borrower leverage. Warren Kornfeld and Clay Montgomery cover the growing role of non-banks, including BDCs, in the space.