High yields or high risk? What investors need to consider before investing in private credit

Manning Asset Management’s Josh Manning joins Livewire for a very different interview on the burgeoning private credit space. Note: This interview was recorded on Thursday 10 October 2024.  [...]

Australia’s credit market continues to experience increased interest and thus demand for assets, pushing listed credit asset yields lower, which has flowed through to private or unlisted [...]

With Australian credit the in-vogue topic, there is no shortage of compelling pitches for why to invest. Lending against residential property or to high-quality businesses, what could go wrong? [...]

Manning invests in a range of asset-backed portfolios which we quantitatively and qualitatively assess to determine their resilience and overall credit quality. Central to the Fund’s strategy is [...]

As we take a broader look at Australia’s current economic position, we recognise some typical signs of a contractionary phase, such as a softening labour market, higher interest rates, and [...]

Examining the Australian economy, the case for the RBA cash rate falling in the near term remains overstated. In early 2024, we outlined two-way risk for the RBA cash rate (a chance it may rise [...]

The growing prevalence of credit or private credit within investor portfolios has materially contributed towards a better understanding of the asset class. As mentioned in our prior month’s [...]

The Fund delivered +0.79% in May, 9.56% over 12 months and 6.94% annualised since inception (April 2016), continuing to deliver over 5% net return above the RBA cash rate. In our eight years, [...]

The Fund delivered +0.86% in April, 9.57% over 12 months and 6.91% annualised since inception (April 2016), continuing to deliver over 5% net return above the RBA cash rate. We are pleased to [...]

Josh Manning, Portfolio Manager and Founder presents the Q1 2024 market update for Manning Asset Management.