We believe a well selected and diligently managed crossover credit portfolio will deliver far better risk adjusted returns than the traditional investment categories such as equities, property and investment grade bonds.
We recognise that this is in part due to the lower liquidity on Australian credit compared to these sectors, but for long term investors we believe that risk adjusted returns are far more important than short term liquidity.
In addition to the liquidity premium available, crossover credit offers substantial alpha generating investment opportunities for those who understand the sectors they are investing in and who rigorously separate the strong securities from the weak ones.
Our track record is a testament to these beliefs.