A Pivotal Moment: How Post-GFC Regulation Reshaped Today’s Market
If you see one cockroach, there are likely to be more. But in investing, facts matter more than euphemisms. Systemic risk doesn’t come from cockroaches; it comes from a broken system.
“This series explores the pivotal moments in private credit – a sector that, when managed with care and integrity, delivers real benefits for borrowers, investors, and the broader economy. As private credit grows in scale and importance, so too does our responsibility to uphold the highest standards. These articles will examine how responsible stewardship can ensure private credit remains a force for good, and how rising to meet today’s challenges will shape a stronger, more resilient future for all participants.”
Chris Paton
Chief Investment Officer
True Asset Quality Emerges in Adversity
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.
Growth Brings Responsibility – We’re Here for the Challenge
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.
La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence No. 222213 is the responsible entity of the La Trobe Australian Credit Fund ARSN 088 178 321 and the La Trobe Private Credit Fund ARSN 686 964 312 (ASX:LF1). It is important that you consider the relevant Product Disclosure Statement (PDS) before deciding whether to invest or continue to invest in any of the funds. The PDSs and Target Market Determinations are available on our website.