Rafał Lis, Managing Partner at CVI, comments on the private debt fund market in the article “How Are Corporate Bond Funds Performing?”, discussing it in the context of economic developments and monetary policy outlook over the coming quarters.

In his commentary, he emphasizes that private debt funds primarily generate returns through credit risk. The short- and medium-term maturities of instruments held in their portfolios mean that changes in monetary policy have a limited impact on current performance.

According to Rafał Lis, the pace of potential interest rate cuts by the Monetary Policy Council (RPP) should not lead to noticeable volatility, although over the longer term, it will influence the nominal yields of newly acquired instruments. The current stable economic environment and growing corporate investment needs are contributing to increased interest in private debt financing. For 2025, he expects returns to be comparable to those seen in 2024.

We invite you to read the full article:

https://www.analizy.pl/puls-rynku/37731/jak-sobie-radza-fundusze-obligacji-korporacyjnych