Key takeaways and adviser considerations from ASIC’s private credit report

Walsh delves into the report's detailed examination of the industry, emphasising the need for greater transparency and scrutiny, particularly regarding special purpose vehicles, fee disclosures, and product labelling.

Tune in to hear:

• Why advisers need to conduct thorough due diligence and not rely on any third party when recommending private credit to clients.
• The danger of private credit funds often being mislabelled as “defensive exposure” despite the illiquid nature of their underlying assets.
• Why advisers shouldn’t be considered gatekeepers, and more onus needs to be on the fund managers themselves.

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