Latest news with #PrivateCredit
Bloomberg
21-07-2025
- Business
- Bloomberg
Private Credit ETF Flows Catch Up: State Street's Paglia
On "Bloomberg ETF IQ," Scarlet Fu and Katie Greifeld talk with State Street's Anna Paglia about the possibility of SPDR S&P 500 ETF Trust (ticker: SPY) following the same steps by QQQ, the flows for the SPDR SSGA IG Public & Private Credit ETF (ticker: PRIV) and sector flows. (Source: Bloomberg)
Zawya
21-07-2025
- Business
- Zawya
Middle East Sovereign Investors recalibrate strategies amid geopolitical uncertainty and market shifts
Fixed income and private credit gain importance as Middle East sovereign wealth funds (SWFs) manage liquidity and diversify exposures Middle East SWFs prioritise China with 60% planning to increase allocations over the next five years Middle East SWFs cautiously increase direct digital asset exposure while navigating regulatory challenges Dubai, UAE – Political and policy decisions have become core drivers of investment strategy, prompting sovereign investors to fundamentally reassess portfolio construction and risk management, according to the thirteenth annual Invesco Global Sovereign Asset Management Study Geopolitical tensions (84%) remain the dominant short-term risks for sovereign wealth funds (SWFs) and central banks in the region, followed by a fallout from the Middle East conflict (68%). An overwhelming majority (96%) of respondents believe that geopolitical rivalry will be a key driver of volatility, while 91% expect protectionist policies to entrench persistent inflation across developed economies. Most notably, 52% of Middle East SWFs now see deglobalisation as a material threat to investment returns, underscoring a marked shift in the market narrative. Invesco's study, a leading indicator on sovereign investor behaviour, draws on the insights from 141 senior investment professionals, including chief investment officers, heads of asset classes, and portfolio strategists, from 83 SWFs and 58 central banks across the world, collectively managing $27 trillion in assets.* Active strategies gain traction alongside foundational passive exposure One of the key shifts in portfolio construction identified in the study is the greater use of active strategies by respondents. On average, Middle East SWFs maintain 78% of their equities portfolio and 77% of their fixed income portfolio in active strategies. The survey shows that 33% of SWFs in the region are planning to increase active equity exposures over the next two years, with 50% doing the same with fixed income. While passive strategies continue to provide efficiency and scale benefits, particularly in highly liquid public markets, active approaches are being used to address index concentration risks, navigate regional dispersion, and enhance scenario resilience in an increasingly fragmented landscape. At the same time, portfolio construction decisions such as asset class, geographic, and factor tilts are increasingly viewed as core expressions of active management. Fixed income redefined and reprioritised Due to a combination of geopolitical shifts and interest rate normalisation, traditional portfolio construction models are being rethought, with many SWFs turning to more dynamic portfolio approaches that includes more fluid asset allocations, enhanced liquidity management, and greater use of alternatives. Within this landscape, fixed income has assumed a new importance within SWF portfolios, becoming the second-most favoured asset class behind infrastructure. On a net basis, 30% of Middle East SWFs plan to increase their fixed income exposure over the next 12 months. 'Amid geopolitical uncertainty and market shifts, investors across the Middle East are recalibrating their strategies,' says Josette Rizk, Head of Middle East and Africa at Invesco. 'Active asset management is growing in prominence due to its adaptability to a rapidly evolving economic environment. While private credit holds on to its popularity, fixed income has rebounded as the region's SWFs diversify exposures.' Private credit takes centre stage as a new diversification tool Private credit continues to gain momentum among SWFs in the Middle East, with 63% accessing the asset class through funds and 50% making direct investments or co-investments. The survey indicates that 50% of SWFs worldwide, including 40% of those based in the Middle East, plan to increase allocations to private credit over the next year. This growing interest reflects a broader rethinking of diversification as traditional stock-bond correlations erode in a higher-rate, higher-inflation environment. Sovereign investors are turning to private credit for floating-rate exposure, customised deal structuring, and return profiles that are less correlated with public markets. Once considered a niche asset class, private credit is now viewed as a strategic pillar of long-term portfolio construction. China remains a high priority in a fragmented emerging market landscape SWFs are taking a more selective approach to emerging markets. Asia (excluding China) is a high priority for 43% of respondents worldwide and 25% in the Middle East. Meanwhile, China is once again an important focus for 28% SWFs globally and 33% in the Middle East, with 60% of the region's SWFs expecting to increase China allocations over the next five years. SWFs are increasingly orientating their China strategies around specific technology sectors, such as AI, semiconductors, EVs, and renewables, with 80% of respondents in the region believing the country's technology and innovation capabilities will become globally competitive in the future. 'Middle East SWFs are focusing a large proportion of their portfolios on Asian economies,' adds Rizk. 'Based on the outcomes of our study, we anticipate rising investment flows between the Middle East and China, with higher growth potential in selected sectors.' Active management is viewed as essential in this environment. Just 25% of Middle East SWFs rely on passive emerging market (EM) strategies, while 73% access EMs through specialist managers, citing the need for local insight and tactical flexibility. Digital assets, continued exploration Digital assets are no longer seen as an outsider topic among institutional investors. This year's study shows a small but notable increase in the number of SWFs that have made direct investments in digital assets – 11%, compared to 7% in 2022. Allocations are most common in the Middle East (22%), Asia Pacific (18%), and North America (16%), in contrast with Europe, Latin America, and Africa, where they remain at 0%. For Middle East SWFs, the biggest barriers to investing in digital assets include regulatory challenges (100%) and volatility (86%). 'Investors are increasingly open to exploring the value digital assets may add to their portfolios,' says Rizk. 'In the Middle East, allocations are growing cautiously as investors balance new opportunities with regulatory challenges and market volatility.' Globally, central banks are simultaneously advancing their own digital currency initiatives, balancing innovation potential against systemic stability considerations. While no central bank respondents in the Middle East have launched a digital currency yet, 33% are considering it, viewing efficiency in payments (100%) and enhanced financial inclusion (44%) as the biggest benefits of central bank digital currencies (CBDCs). Central bank resilience and gold's defensive role Central banks are reinforcing their reserve management frameworks in response to mounting geopolitical instability and fiscal uncertainty. In the Middle East, 67% plan to increase their reserve holdings over the next two years, while 27% intend to diversify their portfolios. Gold continues to play a critical role in this effort, with 63% of central banks in the region expecting to expand their gold allocations over the next three years. Seen as a politically neutral store of value, gold is increasingly viewed as a strategic hedge against risks such as rising U.S. debt levels, reserve weaponisation, and global fragmentation. At the same time, central banks are modernising how they manage gold exposures. In addition to physical holdings, an increasing number are turning to more dynamic tools, such as exchange-traded funds (ETFs), swaps, and derivatives, to fine-tune allocations, improve liquidity management, and enhance overall portfolio flexibility without sacrificing defensive protection. This is expected to continue, with 21% of central banks globally and 25% in the Middle East saying they plan to hold investments in gold ETFs in the next five years, while 19% worldwide and 25% in the region intend to hold gold derivatives. About Invesco Ltd. Invesco is a global independent investment management firm. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.84 trillion in assets on behalf of clients worldwide as of March 31, 2025.
Zawya
18-07-2025
- Business
- Zawya
Alkhabeer Capital unveils partnership with $5bln global asset manager to unlock Saudi fintech private credit
Riyadh – Alkhabeer Capital has signed a strategic partnership agreement with Fasanara Capital, a $5 billion global asset manager specializing in technology-enabled credit solutions, according to a press release. The signing of the memorandum of understanding (MoU), which came during an exclusive event held in Jeddah under the theme 'Fintech-Originated Private Credit – the Asset Class and its Potential in the Kingdom', marks a key milestone in our joint mission to unlock fintech private credit opportunities in the Kingdom. The CEO of Alkhabeer Capital, Ahmed Saud Ghouth, stated: "Saudi Arabia's investment landscape is undergoing rapid transformation, driven by digitalization, innovation, and a push for diversified capital formation.' Ghouth added: 'Our partnership with Fasanara Capital reflects a shared ambition to pioneer new asset classes that respond to the evolving needs of investors and align with the objectives of Vision 2030.' Meanwhile, Francesco Filia, Founder and CEO of Fasanara Capital, said: 'This collaboration represents a significant step toward building a more inclusive and technologically advanced financial ecosystem. By leveraging data-driven lending models and next-generation credit infrastructure, we aim to deliver scalable, transparent, and risk-conscious solutions that address the growing demand for alternative fixed-income strategies in the Kingdom.' It is worth noting that Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority (CMA) and headquartered in Jeddah, with a branch in the capital Riyadh. Moreover, the company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Al Bawaba
17-07-2025
- Business
- Al Bawaba
Alkhabeer Capital and Fasanara Capital Sign Strategic Partnership Agreement to Unlock Fintech Private Credit in Saudi Arabia
Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme 'Fintech-Originated Private Credit – the Asset Class and its Potential in the event gathered senior institutional investors, financial market stakeholders, and representatives from both firms to explore the transformative potential of fintech-originated private credit as a new frontier in the Saudi investment on the event, Ahmed Saud Ghouth, CEO of Alkhabeer Capital, stated: "Saudi Arabia's investment landscape is undergoing rapid transformation, driven by digitalization, innovation, and a push for diversified capital formation. Our partnership with Fasanara Capital reflects a shared ambition to pioneer new asset classes that respond to the evolving needs of investors and align with the objectives of Vision 2030. The signing of this MoU is a key milestone in our joint mission to unlock fintech private credit opportunities in the Kingdom."Francesco Filia, Founder & Chief Executive Officer, Fasanara Capital said: 'We are excited to partner with Alkhabeer Capital to introduce fintech-originated private credit to the Saudi market. This collaboration represents a significant step toward building a more inclusive and technologically advanced financial ecosystem. By leveraging data-driven lending models and next-generation credit infrastructure, we aim to deliver scalable, transparent, and risk-conscious solutions that address the growing demand for alternative fixed-income strategies in the Kingdom'.The event featured insights into global trends in alternative credit markets, showcasing how fintech is reshaping private credit through more efficient, scalable, and transparent investment models. Presentations highlighted the structure and investment mechanics of fintech-originated credit and how these models can deliver compelling risk-adjusted returns while meeting demand for diversified, income-generating strategies. Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority under License No. 07074-37 and headquartered in Jeddah, Kingdom of Saudi Arabia, with a branch in Riyadh. The Company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services.
Zawya
17-07-2025
- Business
- Zawya
Alkhabeer Capital and Fasanara Capital sign strategic partnership agreement
Jeddah, Saudi Arabia: Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme 'Fintech-Originated Private Credit – the Asset Class and its Potential in the Kingdom. The event gathered senior institutional investors, financial market stakeholders, and representatives from both firms to explore the transformative potential of fintech-originated private credit as a new frontier in the Saudi investment landscape. Commenting on the event, Ahmed Saud Ghouth, CEO of Alkhabeer Capital, stated: "Saudi Arabia's investment landscape is undergoing rapid transformation, driven by digitalization, innovation, and a push for diversified capital formation. Our partnership with Fasanara Capital reflects a shared ambition to pioneer new asset classes that respond to the evolving needs of investors and align with the objectives of Vision 2030. The signing of this MoU is a key milestone in our joint mission to unlock fintech private credit opportunities in the Kingdom." Francesco Filia, Founder & Chief Executive Officer, Fasanara Capital said: ' We are excited to partner with Alkhabeer Capital to introduce fintech-originated private credit to the Saudi market. This collaboration represents a significant step toward building a more inclusive and technologically advanced financial ecosystem. By leveraging data-driven lending models and next-generation credit infrastructure, we aim to deliver scalable, transparent, and risk-conscious solutions that address the growing demand for alternative fixed-income strategies in the Kingdom '. The event featured insights into global trends in alternative credit markets, showcasing how fintech is reshaping private credit through more efficient, scalable, and transparent investment models. Presentations highlighted the structure and investment mechanics of fintech-originated credit and how these models can deliver compelling risk-adjusted returns while meeting demand for diversified, income-generating strategies. Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority under License No. 07074-37 and headquartered in Jeddah, Kingdom of Saudi Arabia, with a branch in Riyadh. The Company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services. - Ends - About Alkhabeer Capital Alkhabeer Capital is a premier asset management and investment firm in Saudi Arabia that is committed to supporting clients in achieving financial well-being. The firm offers a diverse range of world-class investment products and solutions, catering to investors, institutions, high-net-worth individuals, and family offices. Alkhabeer's diverse portfolio of offerings includes innovative services that span Alternative Investments, Corporate Finance and Public Funds that adhere to Islamic Sharia principles, along with one of the Kingdom's most innovative Brokerage Platforms. With a multitude of offerings and client relationships extending for numerous years, Alkhabeer has cemented itself as an innovative player and trusted partner for long-term value creation. In the span of 20 years since its inception, Alkhabeer has become one of the leading and most trusted asset managers in the Kingdom. Alkhabeer is a Saudi joint stock company established in accordance with the regulations of the Kingdom of Saudi Arabia and is registered under Commercial Registration No. 4030177445 with an authorized capital of SAR 894,523,230 that is regulated by the Capital Market Authority and licensed for the following activities: Dealing, Custody, Managing Investments and Operating Funds, Arranging and Advising. Headquartered in the Kingdom of Saudi Arabia, under License No. (07074-37) Its headquarters address is Alkhabeer Capital, Madinah Road, P.O. Box 128289 Jeddah 21362 Kingdom of Saudi Arabia Tel: +966126588888 Fax: +966126586663. Central to Alkhabeer's ethos is trust and a commitment to exceed expectations, provide access to desirable opportunities, and contribute to developing a responsible industry as it continues on its journey forward to being the financial partner of choice. Alkhabeer's core values emphasize ethical integrity, teamwork, citizenship, passionate ownership and thought leadership. Alkhabeer Capital Asset Management Division provides clients with investment opportunities across the local, regional and international capital markets through a variety of private and public funds in the private equity and real estate sectors. Private equity investments target defensive sectors such as education, healthcare and manufacturing businesses to take advantage of unique opportunities, while the real estate investment team at Alkhabeer Capital works on structuring and developing innovative real estate investment products. Additionally, Alkhabeer Capital creates investment opportunities in the financial markets through private investment portfolio management services and provides advice on structuring entities and managing endowment wealth. Moreover, the Investment Banking Division provides dedicated investment services, including mergers and acquisitions. The brokerage management is tasked with structuring the brokerage business, serving clients, and delivering the latest and best technologies and trading tools through strategic partnerships. These efforts are designed to meet the needs of Sawa clients in the local market through various avenues, including the main or parallel financial market, the bond market, instruments and derivatives, as well as in international markets, such as stocks, exchange-traded funds, and international derivatives markets. Alkhabeer Capital's headquarters is located in Jeddah on Madinah Road, P.O. Box 128289, postal code 21362, Kingdom of Saudi Arabia. It has a branch in Riyadh, Saudi Arabia. For more details on Alkhabeer Capital, please visit About Fasanara Founded in 2011, Fasanara is a London headquartered, FCA authorised global asset manager and technology-driven investment platform. Fasanara currently manages USD 5 billion in Fintech-focused strategies on behalf of some of the largest pension funds and insurance companies in Europe and North America. With a team of over 110 professionals, Fasanara is one of the pioneers in Fintech-originated Asset-Based Lending – focusing on semi-liquid private credit strategies that seek to drive improvements in real-world economic conditions. The firm's proprietary technology platform integrates with 141 fintech lenders across more than 60 countries, powering one of the largest and longest standing Fintech Lending strategies in Europe. Fasanara also backs the next generation of transformative fintechs, leveraging our central role in the ecosystem to identify and support early-stage innovators. For additional information, please contact:
