IFM Investors Pty and Metrics Credit Partners are two funds trying to strike more bespoke lending deals with companies hunting for new sources of debt capital.
The Queensland-based fund, which oversees A$55 billion ($41 billion), is looking to boost investment decision-making ranks to about 50 by 2021 from 29 currently, according to Ian Patrick, its chief investment officer.
The pension manager is paring exposure to listed securities including equities as valuations soar
The escalating scandal around troubled state-investment-fund 1MDB is turning bond funds against Malaysia.
The company is seeking A$2 billion to A$3 billion from lenders, including from banks in China, for the first phase of developing the Carmichael mine.