How Chenavari is adapting to an uncertain macro regime

Talking Heads 2023: Fund chief Loic Fery eyes rebalancing between public and private credit strategies

This article is the fourth in a five-part series of interviews with people shaping the future of the credit markets. The others are available here.

A decade of low rates and abundant central bank liquidity created a tough environment for credit specialists on the buy side. Many were forced to either shutter or move to a multi-strategy model. But the transition to a new macro regime characterised by higher inflation and interest rate uncertainty suggests better times ahead.

Chenavari stuck out the