Metrics Credit Partners: Lonsec downgrades major funds citing governance concerns

Major funds run by Metrics Credit Partners, one of the largest non-bank lenders in the country, have been downgraded by influential advisory house Lonsec, which has warned of growing governance concerns.

The funds include the listed Metrics Income Opportunities Trust, and Metrics Master Income Trust, which offer retail investors exposure to corporate and property lending. Metrics, which oversees $30 billion in investments, is the country’s ninth-largest lender to businesses. Loading...