02.22.24
Franklin Templeton Sees Alternatives Opportunities 2024
by: Edward Hayes
The Franklin Templeton Institute believes there will be opportunities in alternatives this year, including direct lending and distressed debt. “Many of the same issues that impact traditional investments also impact alternative investments,” states Templeton's 2024 Alternative Investment Outlook report. “Rising interest rates can favor private credit because of the floating-rate nature of most of [the] debt, can hurt commercial real estate as credit conditions tighten, and also negatively impact private equity because of the rising cost of capital to finance transactions.”
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