Traditional fixed income (bonds) did not perform its intended defensive function in the last year, falling double digits in value globally. Many investors are now turning to other defensive strategies like private credit for more resilient returns and income.
In his latest bi-weekly interview with Ausbiz, Frank Danieli, Managing Director and Head of Credit Investments and Lending, had a wide-ranging discussion with Andrew Geoghegan addressing this trend and whether the opportunities are better in public or private assets.
What is the best way to access this trend? Is it listed investment companies (LICs) which were a hot commodity several years ago, or is this a value trap for investors?
They also dove into the big Private versus Public debate for investors in managed funds to superannuation: how do investors get certainty about true valuation and performance?