DISTRESSED credit and infrastructure were the best-performing asset classes among Asia-Pacific private capital funds in Q1, according to data collated by MSCI.
Pooled quarterly returns for distressed private credit hit 9.8 per cent for the quarter; private infrastructure returns came in at 4.2 per cent. The figures, which are not annualised, represent significant improvements from their Q1 2023 returns of 0.8 per cent and 3.8 per cent, respectively.
On a global basis, private natural resources funds had the best returns of 4.9 per cent. Private infrastructure returned 0.9 per cent globally, while distressed private credit returned 1.9 per cent.