The growing interest in Australian listed credit funds
The MCP Income Opportunities Trust (ASX:MOT) is set to debut on the ASX today and is the latest in a growing pool of listed alternative income offerings. The MOT offer closed in just nine days with demand exceeding the $300 million hard limit, meaning many investors were scaled back. As further rate cuts from the RBA look more certain this appetite is unlikely to fade anytime soon.
Metrics Credit Partners is one group pioneering credit investment vehicles on the ASX. Along with the listing of MOT the firm is also seeking to raise additional capital in their flagship vehicle, The MCP Master Income Trust (ASX:MXT).
Given that credit is a lesser-known asset class for many investors, we asked Andrew Lockhart , Partner at Metrics, to provide an overview of the investments and to outline some of the risks for investors to consider.
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Metrics is alternative asset manager specialising in fixed income, private credit, equity and capital markets. To find out more about what Metrics does please click here
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