By Alice Uribe SYDNEY Many investors feared companies' pandemic-era borrowing spree would eventually lead to a financial reckoning. But even as interest.
Fund CIOs say increased regulatory scrutiny on bank capital means more borrowers are tapping them for project finance and leveraged buyouts, as well as direct lending.
The investment chiefs of the $3.5 trillion super sector say domestic opportunities had “significantly broadened” because of high interest rates, reversing historic orthodoxy that they had outgrown local markets.