Distinguish a tactical view from a strategic one

“Most of the reasons to not invest in bonds tend to be based on tactical views and if you do make investment decisions based on tactical rather than strategic views, you’re bound to be disappointed.”

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ASIC’s ‘guide’ for advisers considering private credit funds

ASIC’s ‘guide’ for advisers considering private credit funds

ASIC’s 10 principles for “private credit done well” provide a timely and useful roadmap for financial advisers considering whether exposure to the asset class is right for clients. In a speech last week, Commissioner Simone Constant flagged fee transparency, liquidity mismatches and complex underlying structures as being among the things to watch out for.

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