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With Donald Trump’s tariff seesaw causing volatility in markets, Pictet Wealth Management’s CIO believes there are opportunities in private credit.
César Pérez Ruiz (pictured) used somewhat colourful language to describe the buying opportunity available in this area of the market, indicating that lenders have all the power.
‘Roll over, I’m going to screw you. I’m the only guy in town who will give [funding] to you. If you don’t take it, you will go bust. You will lose money, I will make money,’ he said, describing the attitude of some lenders to Citywire in an interview on Thursday morning.
