Asia private credit lures global investors amid risk concerns

Asia’s private credit market is gaining popularity among global institutional investors, lured by the potential for steady long-term returns and ample room for growth in size, even as concerns mount over risks in the asset class globally. "It's natural for regulators to worry when an asset class grows quickly and is more opaque than public markets," said Eddie Ong, deputy chief investment officer and managing director of private investments at SeaTown Holdings International. "Fo…