Retirement Solutions | Apollo Updates
June 14, 2024
Veronique Fournier on Bloomberg TV
This interview originally aired on Bloomberg TV on June 12, 2024.
Head of EMEA Global Wealth Management Solutions Veronique Fournier joined Bloomberg TV to discuss growing demand from European wealth investors for semi-liquid private market strategies, including private fixed income products.
She spoke to the potential diversification benefits, as well as the potential for excess return that private market investments can offer in exchange for foregoing some liquidity, noting that we are seeing private clients increasingly shift their fixed income allocations into private credit, with a focus on managers who have demonstrated tracks record of navigating market cycles and prioritize downside protection.
US tariffs have climbed to their highest level in nearly 90 years, fueling market volatility and creating uncertainty for corporations. The result? We see slower growth, higher inflation, and rates staying higher for longer. While we don’t foresee a recession, we expect headwinds on both supply and demand fronts.
We believe European private credit is a fast-growing market with potential to rival the US, offering scale, attractive returns, and strong geographic diversification.
Apollo’s 2024 Impact Report highlights our approach to delivering scalable, measurable impact through the Apollo Impact Mission platform.
