Franklin Templeton CEO States Private Credit Is Here to Stay
Franklin Templeton CEO Jenny Johnson emphasized that private credit is a permanent fixture in the financial landscape, citing its role during the 2008 crisis and its higher yields compared to traditional bonds. She highlighted the illiquidity of private credit investments and suggested that investors who can tolerate it may benefit from higher returns over time.
Tickers: $BEN
Topics: Franklin Templeton investment strategies Jenny Johnson liquidity private credit retirement savings