In this mini edition of What Matters, Andrew Pridham AO sits down with Frank Danieli, our Head of Global Credit Solutions, to discuss Frank’s latest June quarter investor letter which explores the theme ‘The only certainty is uncertainty’.   

Frank discusses why, at MA Financial, we don’t spend time trying to predict the future when managing our Global Credit Solutions funds. Instead, we embrace uncertainty as a constant and invest and manage our portfolios to deliver on our objectives across a broad range of market conditions.   

Frank and Andrew also unpack private credit essentials:  

• What is private credit? 

• What should investors look for in a manager? 

• The asset class’s key defensive feature: its senior position in the capital structure meaning it ranks ahead of equity. 

Frank’s quarterly letter and podcast are your go-to for updates on our Global Credit Solutions fund suite, along with expert insights into the trends shaping the private credit landscape. 

For more information, visit mafinancial.com. 

DISCLAIMER

The information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Equity Trustees Limited (Equity Trustees) (ABN 46 004 031 298) (AFSL 240975) is the responsible entity for the MA Credit Income Trust ARSN 681 002 531 (MA1). MAAM RE Ltd (MAAM RE) (ACN 135 855 186) (AFSL 335783) is the responsible entity of the MA Priority Income Fund ARSN 648 809 849 (PIF). You should obtain a copy of the Product Disclosure Statement and Target Market Determination for MA1 and PIF available on mafinancial.com/invest and consider consulting with a financial adviser before making any investment decision. You should thoroughly read the PDS and Target Market Determination of PIF to understand the capital buffer and priority income features of PIF that are referred to in the podcast. An investment in PIF and MA1 involves risk. Past performance is not a reliable indicator of future performance.

MA Financial and Equity Trustees cannot guarantee the accuracy of the information in this podcast and have not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

See omnystudio.com/listener for privacy information.

In a must-listen episode, What Matters welcomes back Ken Moelis, the legendary Founder, Chairman, and CEO of Moelis & Company.  

Ken joins Andrew Pridham AO for a wide-ranging conversation on the forces shaping the global financial landscape, explaining why: 

- the banking industry is being re-shaped 

- private credit is just getting started 

- AI, the need for power and the rate of technological change, will drive economic and M&A activity. 

The pair unpack the impact of tariffs, the pressure on the Federal Reserve regarding interest rates and why potential gridlock post next year’s US mid-term elections could be good for business. 

Ken also shares insightful reflections on leadership transition as he moves from CEO to Executive Chairman (effective October), lessons he’s learned founding Moelis & Company, whether AI could reshape dealmaking and his optimism about economic opportunities in the Middle East and why he thinks Europe could be set for a defence-led tech revival.  

 

 

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On this mini edition of What Matters, Andrew Pridham AO talks with our Head of Global Credit Solutions Frank Danieli about his new quarterly private credit investor letter released in mid-April titled ‘Predicting rain doesn’t count’.   

Frank dives into March quarter fund performance and explains why at MA Financial when it comes to investing in private credit we build the ark, not predict rain – we focus on portfolio resilience over market forecasts seeking to deliver strong returns through all cycles. Frank and Andrew also share insights into how financial advisers can navigate private credit in the context of volatile equities markets. 

Frank’s new quarterly letter is a go-to for regular updates on our Global Credit Solutions fund suite along with expert insights into key themes shaping the private credit landscape. Visit our website for more information https://mafinancial.com/ 

Equity Trustees Limited (ABN 46 004 031 298) (AFSL 240975) is the responsible entity for the MA Credit Income Trust ARSN 681 002 531 (MA1). Equity Trustees Limited is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). MAAM RE Ltd (MAAM RE) (ACN 135 855 186) (AFSL 335783), is the responsible entity for the MA Priority Income Fund ARSN 648 809 849 (PIF). The information in this podcast has been prepared by MA Investment Management Pty Ltd (MAIM) (ACN 621 552 896) as an authorised representative of MAAM RE to provide you with general information in relation to MAIM’s investment capabilities, including with respect to MA1 and PIF (each a “Fund” and together, “the Funds”). In preparing the information, MAIM has not taken into account the investment objectives, financial situation or particular needs of any particular person. Because of that, before making an investment you should consider the appropriateness of this information having regard to your objectives, situation and needs. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither MAAM RE, MAIM, Equity Trustees nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for each of the Funds and consider the PDS and TMD before making a decision about whether to invest in any of the Funds. The PDS and TMD for MA1 is available at mafinancial.com/MA1 and mafinancial.com/invest/private-credit for PIF. Neither MAAM RE, MAIM, Equity Trustees nor any MA Financial Group entity guarantees repayment of capital or any particular rate of return from the Funds.  

All opinions and estimates included in this podcast constitute judgements of MAIM as at the date of the podcast and are subject to change without notice. Statements contained in the podcast that are not historical facts are based on expectations, estimates, projections, opinions and beliefs of MAIM as at the date of the podcast. Such statements involve known and unknown risks, uncertainties and other factors, and should not be relied upon in making an investment decision. Any references in this podcast to targeted or projected returns of the Funds are targets only and may not be achieved. Investment in the Funds is subject to risk including possible delays in payment or loss of income and principal invested. This information is intended for recipients in Australia only. The address and telephone details for MAAM RE are Level 27, Brookfield Place, 10 Carrington Street, Sydney NSW 2000 and +61 2 8288 5594. Equity Trustees address and telephone details are Level 1, 575 Bourke Street, Melbourne VIC 3000 and +61 3 8623 5000. Equity Trustees and MAAM RE as responsible entities (each a “Responsible Entity”), its related bodies corporate, the Responsible Entity’s directors and employees and associates of each may receive remuneration in respect of advice and other financial services provided by the relevant Responsible Entity. The relevant Responsible Entity has entered into various arrangements with MAIM in connection with the Fund issued by them. In connection with these arrangements MAIM may receive remuneration or other benefits in respect of the financial services it provides. 

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In this of the What Matters podcast MA Financial Group Vice Chairman and Co-Founder Andrew Pridham AO is hosted by South Australian Premier Peter Malinauskas in the Premier’s office.

In an era of increasing political division, Premier Malinauskas has stood out—building broad bipartisan support through a focus on health, education, and housing reform. As The Australian recently asked: “Is Peter Malinauskas our future Prime Minister?”

In their intriguing discussion Andrew and Peter cover a wide range of topics:

• Why affordable housing tops the Premier’s policy agenda—and why access to water is the number one challenge.

• How state governments can support property developers and institutional investors to help solve the housing crisis.

• The Premier’s take on Australia’s AUKUS submarine deal—and why he remains optimistic despite uncertainty around Donald Trump’s foreign policy.

• Where the Premier sees big opportunities for private capital—in sectors including defence, space and AI. 

• Advice on making decision under pressure , and working effectively with government.

• How South Australia plans to keep the AFL’s Gather Round beyond 2026—and why the Premier believes it’s a better fit than Tasmania or Perth.

To contact MA Financial Group – Click here.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Where applicable, you should refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), Information Memorandum and/or Financial Services Guide (FSG) or MA Redcape Hotel Fund RE Ltd (ACN 610 990 004) (AFSL 505 932) (refer to the MA Financial website for further information: www.mafinancial.com) and consider consulting with a financial adviser before making any investment decision.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

© All rights reserved 2025.

See omnystudio.com/listener for privacy information.

In the first two episodes of our What Matters podcast for the year, our Vice Chairman @Andrew Pridham AO alongside our investment professionals discuss their insights from our recently released 2025 Investment Outlook.

In episode two Andrew is joined by our Joint CEO @ Julian Biggins and Managing Director @ John Garrett who offer their insights into core and alternative real estate, equities markets and the macro economy.

Read the full 2025 Investment Outlook for insights into private credit, real estate, equities and PEVC: https://mafinancial.com/insights/2025-investment-outlook

To contact MA Financial Group – Click here.

Follow MA Financial on LinkedIn and Instagram.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Where applicable, you should refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), Information Memorandum and/or Financial Services Guide (FSG) or MA Redcape Hotel Fund RE Ltd (ACN 610 990 004) (AFSL 505 932) (refer to the MA Financial website for further information: www.mafinancial.com) and consider consulting with a financial adviser before making any investment decision.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

© All rights reserved 2025.

See omnystudio.com/listener for privacy information.

In the first two episodes of our What Matters podcast for the year, our Vice Chairman Andrew Pridham AO alongside our investment professionals discuss their insights from our recently released 2025 Investment Outlook. 

In episode one out now, Andrew takes a deep dive into the US$2.8 trillion asset class that is private credit with our Head of Global Credit Solutions Frank Danieli and Head of Real Estate Credit Drew Bowie. 

Listen now on Spotify and Apple Podcasts. Episode two drops Wednesday 26 March and in it our Joint CEO Julian Biggins and Managing Director John Garrett offer their perspectives into core and alternative real estate and equities markets. 

Read the full 2025 Investment Outlook for insights into private credit, real estate, equities and PEVC: https://mafinancial.com/insights/2025-investment-outlook

To contact MA Financial Group – Click here. 

Follow MA Financial on LinkedIn and Instagram. 

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Where applicable, you should refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), Information Memorandum and/or Financial Services Guide (FSG) or MA Redcape Hotel Fund RE Ltd (ACN 610 990 004) (AFSL 505 932) (refer to the MA Financial website for further information: www.mafinancial.com) and consider consulting with a financial adviser before making any investment decision.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

© All rights reserved 2024.

See omnystudio.com/listener for privacy information.

In the latest episode of What Matters, Andrew Pridham AO, MA Financial Co-Founder and Group Vice Chairman chats with Chris Unger, Managing Director of MA Financial’s hotel management business Redcape Hospitality.

With nearly 30 years of industry experience, Chris shares insights into the commercial pub landscape and the strategies behind running Redcape’s $1 billion portfolio of high-quality hotels along Australia’s east coast in NSW and Queensland.

Discover:

• Australia’s top selling pub food and beverages.
• How pubs are winning over restaurant-goers.
• Pubs diversified revenue streams
• The resurgence of traditional pub accommodation.
• What’s happening in the ‘beer economy’.
• Andrew’s perspective the Australian economy, interest rates, and why now is the time ‘to put money to work’ and invest.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

 © All rights reserved 2024.

 

See omnystudio.com/listener for privacy information.

Join Andrew Pridham AO, Vice Chairman and Co-founder of MA Financial Group, for a deep dive into Australia's residential real estate market.

Andrew is joined by highly regarded industry experts, Andrew Parkinson, Director at independent, specialist property valuation and consultancy firm, Pontons and Darren Mills, Director and Co-founder of one of Sydney’s leading architecture and building companies, Cadence & Co.

In this episode, the three discuss one of Australia’s most pressing national challenges - housing affordability and availability. With rising property prices and increasing demand, finding a place to call home has become more difficult for many Australians.

Tune in to discover how ‘shop top housing’ could be a solution to Australia’s housing supply crisis, the challenges posed by planning delays and rising construction costs, as well as the latest trends in Australia’s luxury housing market. Plus, find out why Sydney’s premier apartments are now considered valuable global assets.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

 © All rights reserved 2024.

See omnystudio.com/listener for privacy information.

Join triple Olympic gold medallist Grant Hackett OAM for an insightful chat with MA Financial Group Vice Chairman Andrew Pridham AO and Senior Advisor Amelia Hill.

From dominating the 1500m freestyle at the Sydney and Athens Olympics to growing and leading Generation Development Group as CEO, Hackett shares insights on Olympic glory and competing against other Olympic legends like Kieran Perkins, Ian Thorpe and Michael Phelps.

Touching on some of the themes in Andrew’s book What Matters, the precursor to this podcast, Grant also provides tips for excelling under pressure, goal setting and providing effective feedback.

Discover how he's navigated the transition from elite athlete to making a big splash in business in this special episode celebrating the Paris 2024 Summer Olympics.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Where applicable, you should refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), Information Memorandum and/or Financial Services Guide (FSG) or MA Redcape Hotel Fund RE Ltd (ACN 610 990 004) (AFSL 505 932) (refer to the MA Financial website for further information: www.mafinancial.com) and consider consulting with a financial adviser before making any investment decision.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

© All rights reserved 2024

See omnystudio.com/listener for privacy information.

This episode features an in-depth conversation with Scott Pape, also known as ‘The Barefoot Investor’.

Pape is one of Australia’s most successful authors. His book, The Barefoot Investor, is one of Australia’s all-time best-sellers, with over 2 million copies sold and counting.

Pape’s most recent book, Barefoot Kids, had the fastest selling debut in Australian publishing history.

Scott recently presented on "Money, Children and Happiness: From Surviving to Thriving in the Cyber Age," co-presenting with Arun Abey AM, the Executive Chairman of renowned wealth management firm Walsh Bay Partners. The pair explored how kids can go from surviving to thriving in the cyber age.

In an in-depth discussion with MA Financial Group Vice Chairman Andrew Pridham AO, the pair share insights from their presentation, including tips on:

- Building capability in our kids

- Strategies to encourage kids to start their own business

- Raising grounded children

- Financial literacy.

Abey, a specialist wealth and wellbeing advisor to high-net-worth families, also shares his tips on establishing a holistic family strategy plan, including succession planning.

This information in this podcast series is being made available by MA Financial Group Limited (ACN 142 008 428) and its related bodies corporate (“MA Financial”) for informational purposes only and reflects the views of its participants as at the date indicated. Information may include general advice only and does not take into account your individual objectives, financial situation, needs or tax circumstances. The information contained does not constitute and should not be construed as an offering of advisory services, personal investment advice, or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction.

Where applicable, you should refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), Information Memorandum and/or Financial Services Guide (FSG) or MA Redcape Hotel Fund RE Ltd (ACN 610 990 004) (AFSL 505 932) (refer to the MA Financial website for further information: www.mafinancial.com) and consider consulting with a financial adviser before making any investment decision.

MA Financial cannot guarantee the accuracy of the information in this podcast and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. The information in the podcast may contain forward-looking statements, forecasts, estimates and projections (“Forward Statements”). Neither any member of MA Financial nor any independent third party has reviewed the reasonableness of any Forward Statements or the assumptions that underlie them. No member of MA Financial represents or warrants that any Forward Statements will be achieved or will prove to be correct or that the assumptions on which the Forward Statements are based are reasonable.

This podcast, including the information contained herein, is the sole property of MA Financial and may not be copied, reproduced, republished, or posted in whole or in part, in any form without the prior written consent of MA Financial.

© All rights reserved 2024

See omnystudio.com/listener for privacy information.