Money
Briefing: BNP bets European private credit boom can defy US downturn
Strategic angle: Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling
editorial-staff
1 min read
Updated 25 days ago
BNP's asset management chief has expressed confidence in the European private credit market, suggesting it may withstand pressures from a downturn in the US economy.
The emphasis is placed on the continent's significant financing needs, which are expected to drive demand for private credit solutions.
Additionally, more stringent regulations in Europe are seen as a safeguard against mis-selling, further enhancing the market's stability.