LF1 is La Trobe Financial’s first listed investment trust and attracted 3,000 investors when it launched in June, including 2,000 that were new to La Trobe Financial.

La Trobe Financial, Australia’s leading alternative asset manager, is proud to announce that its flagship 12 Month Term Account has once again been recognised as Money magazine’s Best Private Credit Fund – Mortgages in the publication’s annual Best of the Best consumer awards.

In this update, we look at the late 1980s and the pivotal decision of La Trobe Financial to enter retail asset management at that moment. The question of when a manager began a strategy, and why, matters. Because for those of us who have been around long enough, you’ll recognise that there’s nothing new under the sun.

Every so often, pivotal moments occur that shift a company or sector. Back in 1952, La Trobe Financial was founded when institutional investment was sourced to provide loans to returned servicemen to purchase a home. These were high quality borrowers who could demonstrate employment or running a successful business but were falling short on strict bank guidelines relating to continuity of income or level of savings.