- Specialty finance, which primarily refers to exposure to consumer loans, has, until recently, been the almost exclusive domain of retail banks in Europe
- Large-scale structural changes in the banking landscape in Europe have opened this hitherto inaccessible sector to institutional investors
- We explain how investors can seize opportunities for high risk-adjusted returns in this emerging area of the private debt market
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The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.