Aum meaning finance analysts suggest sustained policy

Analysts suggest sustained policy support could push renewable sector stocks to outperform industrial benchmarks in the short term. The starting pistol has been fired. We are seeing a race to quality (which, when quality is limited, can lead to a race to the bottom) in an environment where debt funds hold record amounts of dry powder. Strong, clean, underwritable credits have been scarcer than some anticipated, placing downward pressure on deal terms across the board. In this climate, lenders with a clear, predefined strategy, knowing in advance what structures, covenants, and leverage levels they are willing to lead on, have a meaningful advantage in terms of being able to be competitive and even preempt a process. Given the pace of the market, leads often form quickly, and indecisiveness can result in being moved “to the right” in the book, ultimately accepting sponsor-friendly terms anyway. Working with counsel that has broad market knowledge and insight into the DNA of competitors, as well as strong relationships with opposing counsel that enable constructive backchannels, can make a big difference. Rather, the convergence of disruptive technologies is reinventing everything and putting pressure on existing tech and data infrastructure. More than half of asset and wealth managers see their organisation’s lack of appropriate technology infrastructure (58%) as a hurdle in adopting disruptive tech.