Markets

While Australian property is a surging market, the funds that provide broader access to it have lacked ingenuity for some time. That is changing, however, with a new class of providers emerging who look set to change the game.

The respected property and investment research agency has given out its second-highest rating to Alceon’s property-based Debt Income Fund, which serves to highlight just how well the private debt sector can perform if done right.

By employing smart active management, investors can avoid the ghoulish company cohorts that haunt the small cap sector of the stock exchange, Invesco writes in a recent whitepaper.

The tranche market isn’t the defining feature of Fortlake’s fixed income funds, Baylis explained, but it’s a pivotal tool for the firm’s managers and adds a critical element of non-correlative returns for investors.

A combination of deep tech expertise, government support and start-up know-how has put this New Zealand venture capitalism team on the cusp of deploying capital in its fourth (and biggest) fund.

It’s not impossible to find a good investment in private equity when interest rates are high, Harrex explained, but it’s a lot easier to find a good liquid alts investment in the current economic environment.

“We aim to be considered the ‘safe pair of hands’ when investors look to invest in Specialist Disability Accommodation,” says Barwon’s Joss Engebretsen.

While private credit is becoming more and popular, it’s not always becoming more and more transparent. And investors will only feel comfortable – and realise that it’s fairly “vanilla” – when they get a good look under the hood.

The UK investment team co-founded by Andrew Lakeman is banking on its ability to bring liquid alternatives to markets that are on the hunt for non-correlated diversifiers.

2023 may have had its challenges, but the cream of the private credit crop still managed to write plenty of loans. As inflation cools, the outlook for non-bank lenders in the commercial real estate sector, especially, is encouraging.

A higher for longer interest rate environment and likely default cycle in high yield means investment grade credit is once again in the hot seat.

One sector consistently outperformed for half a decade, while the other took a much more volatile ride to supremacy, riding some almighty tailwinds along the way.