26 Mar 2024 | Financial Services | blogs

Beware the Surge: Asset Managers Face the High-Rate Tsunami

Asset managers face a perfect storm as global debt is skyrocketing towards $336 trillion by 2030, colliding with rising interest rates. This creates a precarious landscape filled with both risk and potential reward. Emerging markets, with their enticing returns, also harbor significant debt burdens – China's ratio is projected to hit a staggering 295% by 2030. This rising debt burden will be further strained by the need for climate financing. An estimated $37 trillion is needed for transition funding from 2024 to 2030. To navigate this uncertainty, asset managers are turning to AI-powered solutions like Jasper Colin's credit risk assessment and debt market monitoring tools. These tools offer vital insights, enabling informed decisions and resilience in a rapidly evolving debt market.