Ivascyn: Public credit offers more immediate value than private credit in 2023
Dan Ivascyn · Dan Ivascyn – Fixed Income in the Limelight Again (Capital Allocators, EP.298) · Feb 20, 2023 · at 35:47
Dan Ivascyn, Group CIO at PIMCO, compares the valuation lag in private credit to the rapid repricing in public fixed income markets in early 2023.
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“So when we look at the market environment today, We definitely see more immediate value within the public segment of the opportunity set. A lot of people that may have left that market or are structurally tilted towards private markets really should think about public market opportunities today, and where possible, shifting those allocations accordingly.”
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