Melbourne, 24 February – Australia Ratings has affirmed
its ranking for La Trobe Financial Asset Management (LFAM) as ‘Strong’.
A ‘Strong’ Operational Capability Assessment (OCA) ranking reflects the embedded processes and procedures adopted by LFAM to successfully perform its operational
role and successfully execute La Trobe Australian Credit Fund’s investment mandates and deliver expected income to investors.
Australia Ratings analyst, Daniela Crisafi said “Sound governance, compliance and risk management frameworks give LFAM direction and support to successfully
fulfil its role and to provide expected returns to Fund investors. Such frameworks have been embedded in their processes, supporting LFAM’s role. Furthermore,
experienced employees’ focused and consistent approach in managing the Fund firmly supports LFAM.”
LFAM’sStrong OCA indicates continued demonstration of a strong capacity to perform its obligations and role as Responsible Entity for the La Trobe Australian
Credit fund. LFAM is supported by very strong capabilities and qualities.
LFAM’s ‘Strong’ ranking also takes into consideration the operational and financial support from the La Trobe Financial Group. On a consolidated basis,
the Group held net assets of more than $101 million as at 31 January 2016.
Download copy of
the full Operational Capability Assessment ranking report.
For further information contact:
Daniela Crisafi, Director, Australia Ratings
Phone: 03 8080 6684