Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Markets
09 July 2025 by Maja Garaca Djurdjevic

SEC clarity sets stage for Australia’s next crypto ETF push

Australia’s cryptocurrency ETF market could be poised for its next wave of development as US regulators open the door to a broader suite of digital ...
icon

Defence and precious metals top ETF charts in first half of 2025

Defence and precious metals have emerged as the strongest-performing ETF sectors over the past six months, fuelled by ...

icon

‘This is a new RBA’: Economists caught off guard by surprise decision

Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the ...

icon

Diversified strategies power double-digit super returns over volatile year

Brighter Super and Mercer Super have reported double-digit returns, crediting diversified strategies and long-term focus ...

icon

Institutional investors ‘aggressively’ buying into risk

Institutional investors have increased their risk exposure over June amid tempered levels of market volatility

icon

GQG warns of flow headwinds as funds lag benchmarks

Inflows for the first half of 2025 for GQG Partners stand at US$8 billion, but the firm has flagged fund ...

VIEW ALL

REST invests $200 million in structured credit

  •  
By Alice Uribe
  •  
2 minute read

REST has overhauled its portfolio, investing $200 million in structured credit mandates and pulling $350 million out of the Mesirow Absolute Return Fund.

REST Superannuation (REST) has targeted structured credit securities, investing more than $200 million in its latest round of mandate changes.

During the June 2009 quarter, REST ploughed $150 million into Babson Capital Management and invested $75 million in the Putnam Advisory Company.

The funds for these investments came from REST's cash flows.

"These investments continue our program of targeting structured credit securities and present the prospect for attractive, equity-like returns for our members over a three- to five-year investment timeframe," REST chief executive Damian Hill said.

 
 

"Consistent with REST's investment philosophy, these investments are being undertaken as part of a diversified portfolio of exposures to the credit markets within the growth alternatives sector."

REST also redeemed its investment of $350 million in the Mesirow Absolute Return Fund.

One hundred and fifty million dollars was reinvested with Fauchier Partners into its Fauchier Partners Absolute Return Trust, with the remaining $200 million retained in cash.