Home/Livewire/Video: Lessons from 30 years in credit markets
Video: Lessons from 30 years in credit markets
By:
coolabahcap
This is an interview with Jason Lindeman, Head of Credit Research, published on Livewire recently.
Jason Lindeman, Head of Credit Research at Coolabah Capital Investments, has seen some unusual things in his three decades managing credit. From Argentinian gaming companies operating from river boats, European and UK poultry farms when bird flu first hit, an Italian dairy company with fraudulent bank statements, Bulgarian steel plants, and a CFO who was apprehended at an airport with $500k in his suit-case, it’s safe to say he’s a hard man to surprise. But upon returning to Australia and taking a position at Coolabah, he said he was blown away by the intensity and depth of the due diligence process.
Key points:
Don’t search for yield, search for mispricings.
Focus on minimising risk, look for implicit government guarantees such as ‘too big to fail’ institutions.
Never forget the definition of credit quality: “the ability of an entity to withstand both internal and external shocks.” Avoid companies that can’t withstand shocks.
In this video, Lindeman shares an example of this process in action.
Christopher Joye features on Livewire’s “Views from the Top”
In this edition of Livewire's "View from the Top", Hans Lee interviews Coolabah's CIO, Christopher Joye, to discuss his views on the markets, how Coolabah is positioning portfolios ahead of key macro regime changes, and where Chris thinks the biggest opportunities and risks will be in the next few years.
Coolabah Strategies Top Their Morningstar Peer Universe
We are delighted to report that several of Coolabah's market-leading, daily liquidity strategies have topped their Morningstar peer universe over the 12 months to June 2024
By clicking I confirm below, you confirm that you are an Australian resident, or will only access Fund Information as a unitholder in a Fund issued by Equity Trustees Limited, and you accept all of the Terms of Use of this website, which may be found here.
By clicking I confirm below, you confirm that you are a New Zealand resident, or will only access Fund Information as a unitholder in a Fund issued by Fund Rock NZ Limited, and you accept all of the Terms of Use of this website, which may be found here.
By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the United Kingdom or Europe. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the United States of America. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
By clicking I confirm below, you confirm that you are a qualified / professional investor or equivalent in the relevant jurisdiction where the vehicle is permitted to be marketed to. You also confirm that by accessing this website, you will not contravene, or cause Coolabah or any of its affiliates to contravene, any law that seeks to regulate financial promotions both in the country of your residence and in the country in which you are viewing this webpage and you accept all of the Terms of Use of this website, which may be found here.
