Fund Product Update

QIC launches private credit offering

The Queensland Investment Corporation (QIC) has launched a multi-sector private debt capability, with Phil Miall, head of multi-sector private debt, overseeing the offering. The offering provides a portfolio of corporate leveraged loans, asset-backed securities and real estate debt. QIC State Investments has provided a mandate to QIC for managing current and future exposure and commitments to the strategy.

T. Rowe Price launches ESG fund

The Global Impact Equity Fund has been launched by T. Rowe Price to Australian institutional and wholesale investors. The fund has been certified by RIAA’s Responsible Investment Certification Program.

Firetrail launches sustainable global equity fund

Pinnacle’s boutique Firetail Investments has launched a global equity fund, the Firetrail S3 Global Opportunities Fund investing in a concentrated portfolio of 30 stocks. The S3 portion of the name stands for sustainable business models, sustainable earnings and sustainable positive change.

BetaShares launches Australian composite bond ETF

The BetaShares Australian Composite Bond ETF has been launched on the ASX, an offering that aims to be a core portfolio allocation for fixed income. The fund offers access to diversified Australian bonds.