AMP Trims ‘Frothy’ Private Credit Assets in Investment Pivot
Australian pension and wealth manager AMP Ltd. has been scaling back its exposure to private credit, citing an increasingly frothy market as its shifts money toward assets such as infrastructure.
By Amy Bainbridge · Bloomberg Markets
Australian pension and wealth manager AMP Ltd. has been scaling back its exposure to private credit, citing an increasingly frothy market as its shifts money toward assets such as infrastructure.