Original article by Jonathan Shapiro
The Australian Financial Review – Page: 13 & 17 : 7-Nov-16
Alexander Funds Management MD Chris Black notes that credit markets anticipated the global financial crisis well before equity markets. He says the GFC was primarily a credit-driven event, but this will not be the case with the next financial market crash. He adds that credit will be a safer asset class when the next financial market downturn comes. Alexander Funds has delivered a return of 16.64 per cent since it was founded as Laminar in 2009, but Black cautions that investors should not expect returns similar to those in the years immediately after the GFC.
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ALEXANDER FUNDS MANAGEMENT PTY LTD, CROWN RESORTS LIMITED – ASX CWN