Credit markets have remained resilient, but the landscape facing investors is growing more complex. As private credit expands and volatility gives way to greater dispersion, identifying genuine value and avoiding hidden risks requires more selectivity than ever. Jerry Pascucci and John Popp of UBS Asset Management discuss the forces reshaping credit in 2026, from evolving client expectations and demands for transparency to the rise of AI.

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In our first episode, "Noise vs Signal: Underlying Risk and Rewards in the Credit Markets," we explore the biggest risks facing credit markets in 2026.

Willem Marx is joined in New York by John Popp, Global Head and Chief Investment Officer of the Credit Investments Group, UBS Asset Management, and Jerry Pascucci, Co-head of Unified Global Alternatives, UBS Asset Management, share their outlook on volatility, value, and what lies ahead in the market’s next chapter.

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