Nov
27
Aussie Pension Fund Steps Onto Banks’ Turf for Company Lending
By
Photographer: Brendon Thorne/Bloomberg
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Host-Plus says funding good entities an avenue for return
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Low global rates have prompted pension funds to diversify
One of Australia’s top-performing pension funds is scouring for ways to ramp up lending to companies, stepping into a realm traditionally dominated by banks.
Host-Plus Pty Ltd., which manages A$21 billion ($16 billion) in retirement assets on behalf of around one million Australians, considers funding “good, creditworthy entities” an avenue for strong returns as banks tighten their lending criteria, according to Chief Investment Officer Sam Sicilia…
Aussie Pension Fund Steps Onto Banks’ Turf for Company Lending
