Lonsec Research upgrades ratings on Metrics Funds to ‘Highly Recommended’
Lonsec Research has upgraded their ratings on the Metrics Direct Income Fund and Metrics Master Income Trust as well as assigned an initial rating for the Metrics Income Opportunities Trust (MOT).
Lonsec based the rating on a number of key attributes, including the credentials and experience of Metrics Credit Partners’ four managing partners. The ratings awarded by Lonsec are as follows:
“The ratings are a testament to the track record we have achieved since launching our first wholesale fund in 2013 and building a reputation as a leading Australian non-bank corporate lender and alternative asset manager,” said Andrew Lockhart, Metrics Credit Partners’ Managing Partner.
In each instance, Lonsec noted the breadth of experience of Metrics’ investment team and said each fund offered “scale, flexible capital and platform depth with demonstrated ability to source and deploy capital at size as a lender of choice including through periods of market turmoil”.
It also had a positive view on a number of other factors such as Metrics Credit Partners credit lending procedures and risk management as well as its record of no operational loss errors or credit losses since inception.
“We’re pleased that Lonsec recognised the robust nature of our business, including the in-house expertise across all aspects of our operations, as well as our competitive fees and well-structured ESG integration approach,” Mr Lockhart said.
Andrew Lockhart, Managing Partner at Metrics Credit Partners, provided insights into the opportunity and outlook for Australian private debt in…