How should pension fund investors use credit? Where can the best opportunities be found, how liquid is the asset class, and how important is it to have the right manager? Five specialists discuss the pros and cons of credit assets in a rapidly changing world.

The questions

  1. What role does credit play in a portfolio?

  2. Which types of credit generate the highest returns?

  3. Does credit investment all come down to manager selection?

The panellists

Bob Hymas, trustee executive, Bestrustees

Jonathan Butler, managing director and head of the European leveraged finance team, PGIM

Richard Butcher, managing director, PTL

Greg Fedorenko, vice-president manager research, Redington

Chris Redmond, global head of credit, Willis Towers Watson