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Private Credit: It Pays to Pay Attention

Taking a closer look at the local private credit landscape.

Private credit has moved rapidly from an institutional mainstay to a retail investor favourite in Australia, attracting more net inflows over the past year than any other Morningstar Category. But the traits that make it attractive — steady income, portfolio diversification — come paired with lower liquidity and less transparency than investors may be used to. This report unpacks the key considerations for investors navigating the asset class, drawing on insights from leading local private credit managers.
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