Episode 48: Disruption in Defensive Assets

Our host Emily Barlow of (Evidentia Group) is joined by Christian Baylis (Fortlake Asset Management) to discuss: How post-GFC regulations shifted risky lending from banks into private credit marketsPrivate credit ratings lacking transparency, raising investment grade classification concernsRedemption queues in semi-liquid private credit structures Covenant-light lending surging from ~10% to nearly 90% of leveraged financeAustralia's inflation rates