the adviser logo

La Trobe Financial FUM surpasses $5bn milestone

by Reporter10 minute read
La Trobe Financial FUM surpasses $5bn milestone

The non-bank lender has revealed that its retail credit fund has tripled its funds under management over the last three years to over $2 billion, with its group FUM hitting over $5 billion.

“[The] company’s disciplined investment processes and focus on absolute return objectives has been the key drivers of the increased FUM and our great performance metrics,” La Trobe Financial CIO Chris Andrews said.

“We have an experienced and growing distribution team, with a strong client service focus building better relations with financial advisers and investors.”

The La Trobe Financial Credit Fund is available on several platforms, including Colonial First Wrap, Macquarie Wrap and Netwealth. The La Trobe Financial Credit Fund has also been in distribution by over 200 approved product lists across Australia.


Mr Andrews attributed much of the retail credit fund’s FUM growth to a rise in SMSF investors.

“[That] one significant factor in the $2 billion milestone is that La Trobe Financial is seeing a higher proportion of SMSF investors in the fund.

“Our credit fund is playing an increasing role in portfolio diversification for SMSF investors.

“Our peer-to-peer offerings have enabled investors to select their investment risk and duration and take more control over their portfolio construction.”

In December 2017, US asset management firm Blackstone acquired a majority stake in La Trobe Financial, which Mr Andrews believes has put the business in a better place to further develop its operations.

The CIO said: “[Following] Blackstone’s entry to our share register as an 80 per cent owner, we are well placed to embark on our next phase of growth. 

“We will also continue to broaden and evolve our product offering to suit investors’ needs.”

 [Related: Clients for life: First home buyers]

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more