DWS: German Defense Firms Need a Lot of Private Credit

With governments across the globe promising to increase their defense spending, more investment in defense firms is needed to meet this demand. This is a gap which private credit can fill says Stefan Hoops, CEO of asset management firm DWS. He sees the best private credit opportunities in non-publicly traded small and medium sized companies across the defense supply chain. Hoops spoke to Anna Edwards on 'Bloomberg: The Pulse'.