As rising costs of capital and a downturn in lending activity have cast a shadow over credit markets, investors are staying vigilant in navigating the complexities of the global investment landscape. Having enjoyed a smooth sailing decade of low interest rates, where do they see opportunities as they journey through the peaks and valleys of credit cycles? With Fed rate hikes here to stay, what’s needed to safeguard the continuous flow of capital throughout the economy, especially to small businesses and vital industries? Are deals concentrated in some sectors over others? How are fund managers adjusting their asset allocations and investment strategies in response to the ever-changing macroeconomic landscape?