Apollo Asset Management co-President John Zito said AI is affecting investing and private credit as markets move into a higher-volatility regime, speaking on May 4 at the Milken Institute Global Conference in Beverly Hills. [1]
Zito said investors are now acknowledging that volatility is likely to stay elevated. He told Bloomberg's Dani Burger that “everyone is acknowledging we will be in a higher-volatility regime, but they are not acknowledging credit is actually the typical safer place to be.” [1]
He said credit is usually the safer place for investors. The comments came during a discussion on how AI is changing investing and private credit. [1]
Bloomberg published the video interview on May 4 under the title “Apollo's Zito on Fears Facing Private Credit Investors.” [1]
