Impact of rising rates on Australian credit markets | Josh Manning
In today's ROCAST Murdoch is joined by Josh Manning, the founder and portfolio manager at Manning Asset Management, to discuss Australian credit markets, rising interest rates and the impact on the fund.
Josh started his journey in financial markets in 2007 and has since garnered his skills through working for major institutions such as Macquarie Bank, Leveraged Equities, and Jana Investment Advisers. Josh discusses their all-weather strategy approach that targets an interest rate and income return within the fund of 5% above the RBA cash rate. This fund is income generating, pays distributions monthly and has consistently delivered 5% p.a. in income over the past 6 years. As of the time of recording (August 2022), the Fund delivered +0.55% in May, 6.15% over 12 months and 6.23% annualised since inception.
As of 31/07/2023 the fund has returned 8.97% past 12 months. (See below table)
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