Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download total alternative debt holdings at 31 december 2016
Document related concepts
Private equity wikipedia , lookup
History of investment banking in the United States wikipedia , lookup
Private equity in the 1980s wikipedia , lookup
Investment banking wikipedia , lookup
Interbank lending market wikipedia , lookup
Quantitative easing wikipedia , lookup
Private money investing wikipedia , lookup
Investment management wikipedia , lookup
Investment fund wikipedia , lookup
Transcript
TOTAL ALTERNATIVE DEBT HOLDINGS AT 31 DECEMBER 2016 The table below lists the Alternative Debt Funds that Cbus invests in, and their % of the total Alternative Debt asset class. Alternative debt investments are a type of fixed interest investment. Cbus’ alternative debt investments are generally made up of bank loans, direct lending and corporate debt securities. These loans generally have lower credit ratings than investments in the fixed interest sector and as such command a higher rate of return to compensate the investor for the risk of default. As at 31 December 2016, the value of Cbus' investment in Alternative Debt was $2.7 billion. This asset class is 100% currency hedged. Alternative Debt Funds Location BARINGS GLOBAL LOAN FUND International 32.07% IFM ACOP DEBT MANDATE Australia 28.17% GOLDMANS SIBP International 12.14% TRP DYNAMIC GLOBAL BOND FUND International 10.93% IFM SPECIALISED CREDIT FUND Australia 8.47% THE SUPER LOANS TRUST Australia 4.07% HAYFIN DIRECT LENDING International 3.99% MESIROW CURRENCY OVERLAY International 0.17% Cbus’ Trustee is United Super Pty Ltd; ABN 46 006 261 623; AFSL 233792; Cbus ABN 75 493 363 262 Percentage of Asset Class
