Private credit is booming, with global assets topping two trillion dollars. One hotspot is the U.S. middle market, nearly half of America’s economy, where the lower tiers offer higher yields, stronger protections, and less competition.

Why is this segment drawing so much attention, and what’s behind the growing interest from Asian investors?

On Wealth Tracker, Hongbin Jeong speaks to Thomas Cheong, President of Principal Asia and Executive Vice President of Principal Financial Group, to find out more.

Private credit is booming, with global assets topping two trillion dollars. One hotspot is the U.S. middle market, nearly half of America&rsquo;s economy, where the lower tiers offer higher yields, stronger protections, and less competition.
Why is this segment drawing so much attention, and what&rsquo;s behind the growing interest from Asian investors? On Wealth Tracker, Hongbin Jeong speaks to Thomas Cheong, President of Principal Asia and Executive Vice President of Principal Financial Group, to find out more.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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