Industry news

New listed credit fund targets high yield

Commercial lender Metrics Credit Partners has launched a new credit fund, which will hold a portfolio of sub-investment grade debt and target a return of 8 to 10 per cent. Metrics has launched a product disclosure statement for the MCP…

New lender bets on reverse mortgage revival

ME Bank has thrown its weight behind a new reverse mortgage lender, providing $100 million of funding and taking an equity position in Household Capital. The company is chaired by former Minister for Superannuation and Corporate Law Nick Sherry. The…

30% Club sets new target

To mark International Women’s Day, the 30% Club Australia has announced new targets for ASX 201- 300 companies to meet the 30 per cent target for female representation on boards by the end of 2021. Previously, only ASX 200 companies…