The $1.6 trillion asset class came in for renewed criticism this week for its potential risks. “We’re probably looking to build out more of that mid-risk part of our portfolio,” the firm’s state chief investment officer Allison Hill told a conference in Adelaide. Private credit could become a bigger investment at QIC due to its ability to balance portfolios against higher market volatility. Players can collect bonuses daily, including free chips, diamonds, and other rewards. One of the features of Billionaire Casino is its daily bonuses. Players can grab some chips with real cash through in-app purchases. Some funds concede that gambling, with its proven links to social harms, may become a tougher investment to justify. It is a free-to-play casino that allows players to earn virtual chips that can be used to play games. The guardians of the country’s retirement savings, among the top backers of the industry, will likely be watching keenly. Slot machine giant Aristocrat Leisure has invited its biggest investors, including some of the top super funds, to Sydney next week for an unprecedented event at the gaming firm: a day devoted to ESG.
QIC fund looking to build up private credit investments.Good morning folks, it’s Adam here in Sydney with everything you need to know to get your day started.