Australian Retirement Trust Increases Private Credit Allocations
The Australian Retirement Trust is increasing its private credit allocations to target opportunities in Europe and North America, aiming to raise its position to 2.5 per cent. With a focus on the lower-risk, unlisted segment of the credit market, the firm plans to leverage external managers and internal teams to diversify its portfolio. This move aligns with the growing trend among Australian pension funds, like UniSuper, to enhance private credit investments for long-term success in the current market environment.