15 October 2026 · September 2026 market data · IIR News Editor IIR’s latest LMI Monthly examines the gap between the value of a fund’s investments and the price investors can realise on market. The 35-page edition brings together September pricing, valuation and performance tables with dated issuer developments and IIR commentary. Discounts widened across most of the comparison Of …
Ares Strategic Income Fund — IIR Assessment, 15 October 2026
IIR-initiated public-information assessment of Ares Strategic Income Fund (Class I, global USD): overall view Balanced within a limited scope, exit arrangements Cautious, return delivery reserved.
Movers & Shakers — US Micro-Cap Technology, Issue No. 2: The Index Is Not the Population
IIR’s October US Micro-Cap Technology newsletter: the small-cap technology fund returned +55.6% over twelve months, while the median screened company fell 28.5%. Eighteen companies reviewed, with a separate unscored Australian section. 37-page edition.
Beyond Micro-Cap: Rigel Pharmaceuticals (NASDAQ: RIGL) — the commercial transformation, and the next test
IIR’s Beyond Micro-Cap case study on Rigel Pharmaceuticals: how commercial execution took it out of the micro-cap band, what the market now pays for it, and the VEPPANU launch as the next test. Read the full 14-page note.
Movers & Shakers — Metals & Mining: From Orebody to Shareholder
IIR’s October Mining newsletter brings together the geological case, management delivery, funding risks and next tests for ten companies, with EcoGraf covered separately. Read the full 31-page edition.
Metrics Master Income Trust (ASX: MXT), Metrics Income Opportunities Trust (ASX: MOT) and Metrics Direct Income Fund – Ratings Under Review
12 October 2026: IIR ratings on MXT, MOT and MDIF remain under review and are not reaffirmed. MXT and MOT were reinstated to ASX quotation on 5 October; no reopening of MDIF has been announced.
IIR LMI Monthly Update — 3 October 2026
The LMI Monthly Update, revised 3 October 2026, leads with the Metrics accounts lodged on 2 October and IIR’s rating action, and examines Wilson LIC premiums, discounts among established LICs, about $1.39 billion of capital raisings and price falls across listed credit trusts.
Metrics Master Income Trust (ASX: MXT), Metrics Income Opportunities Trust (ASX: MOT) and Metrics Direct Income Fund – Ratings Under Review
2 October 2026: IIR ratings on MXT, MOT and MDIF are under review. Includes the 1 October ASX suspension notices and MDIF’s separate suspension effective 29 September.
IIR LMI Monthly Update — 25 September 2026
Listed investment vehicles ended August at A$57.93 billion on ASX. September corporate activity at WLE, PIA and FSI; issuer notes on KKC, RF1 and PL8; and three charts on valuation gaps, fund size and monthly returns.