In 2024, as in prior years, [Co-CIO at Crescent Grove Advisors Andrew] Krei said his team was positive on both public and private credit, predicting correctly that a recession would not arrive and liking corporate debt for its shorter duration, meaning that ‘by and large you’ve been more insulated from the worst of Fed rate hikes.’
‘We felt like credit was in a pretty good spot. We continued to ride the wave there,’ he said.
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