Sponsored by La Trobe Financial
Following from its recent acquisition by Blackstone in December 2017, La Trobe Financial has recently announced that its multi award-winning retail Credit Fund has tripled its funds under management (FUM) in the last three years, reaching $2 billion in FUM. La Trobe Financial also announced that total group FUM is over $5 billion with the balance of assets managed comprised of institutional investment mandates.
La Trobe Financial’s CIO, Chris Andrews said, “The company’s disciplined investment processes and focus on absolute return objectives have been the key drivers of the increased FUM and our great performance metrics. We have an experienced and growing distribution team, with a strong client service focus building better relations with financial advisers and investors.”
“We’ve seen growing product demand as both investors and their advisers look for ways to achieve return objectives during periods of ongoing uncertainty and volatility across markets,” Andrews said.
Andrews further commented “that one significant factor in the $2 billion milestone is that La Trobe Financial is seeing a higher proportion of SMSF investors in the Fund. Our Credit Fund is playing an increasing role in portfolio diversification for SMSF investors. Our peer-to-peer offerings have enabled investors to select their investment risk and duration and take more control over their portfolio construction. We remain Australia’s leading peer-to-peer investment provider and this continues to attract the attention of SMSF investors.”