Private Credit
There has been an explosion in private credit investment opportunities over recent years, with both unlisted and listed structures available for investors. Returns have generally been solid, volatility is very low, and it can make a great diversifier in portfolios – indeed, many advisers are ploughing funds into this space to reduce ‘equity market risk’. Metrics Credit is a large and successful player in the space and they’ve been incredibly successful in raising funds and investing them for good returns. We’ve held MXT in our income portfolio until recently, having bought it in the IPO back in 2017.