The U.S. real estate market held steady in the first quarter as solid underlying fundamentals provide a foothold for rising tariff headwinds.

In this Q&A, Orhan Sarayli explains that although infrastructure debt is not immune to the current market volatility, the powerful tailwinds driving demand are stronger than any economic or political cycle.

The Barings Structured Credit and Direct Lending teams explain what it took to price the market’s first European middle market CLO.

A core asset class for insurance balance sheets throughout the economic cycle.

High yield bonds and loans remain fundamentally sound, with attractive breakevens and a solid margin of safety against default losses. With further volatility likely, we expect both challenges and opportunities to emerge.

The uncertainty characterizing today’s investment landscape makes a strong case for staying up in both quality and liquidity—and while there can also be value in volatility, careful manager and credit selection are key.