Our Research

Unlisted Managed Investment

Unlisted Managed Investments – IIR provides research on unlisted managed investments across a range of asset classes for both retail and wholesale investors. Coverage includes an Initiation Report and annual reviews.

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October 14, 2026

Ares Strategic Income Fund — Public-information Assessment — 15 October 2026

IIR assesses Ares Strategic Income Fund, Class I USD, using public documents. Structure, income, leverage, valuations and exits are examined, with evidence limits explained. For approved wholesale and professional research clients....
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October 2, 2026

Metrics Master Income Trust (ASX: MXT), Metrics Income Opportunities Trust (ASX: MOT) and Metrics Direct Income Fund – Ratings Under Review

2 Oct 2026: MXT, MOT and MDIF ratings remain under review; prior ratings are not reaffirmed. MXT, MOT and MRE lodged FY2026 accounts with unqualified opinions. Lodgement does not establish trading or redemption reopening. IIR does not rate MRE....
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April 20, 2026

Pacific Equity Partners -Credit Active Income Fund

The PEP Credit Active Income Fund (the “Fund”) is an unlisted unit trust available to Wholesale investors. Pacific Equity Partners Capital Solutions Pty Limited is the ‘Manager’. The Fund is a cash plus investment strategy....
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September 8, 2025

Metrics Direct Income Fund Review

Rating under review, 2 October 2026. MDIF’s Recommended Plus rating is not reaffirmed, pending Investment Committee review. Unit issues and redemptions suspended from 29 September. Read IIR’s current Metrics notice; the 2025 review is historical....
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June 23, 2025

Pacific Equity Partners Capital Solutions Fund (Australasia) -Research Review

Pacific Equity Partners Capital Solutions Fund (Australasia) (the “Fund”) is an unlisted unit trust available to Wholesale investors that provides exposure to a portfolio of loans to mid-market corporates....
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April 8, 2025

Wunala Capital Emerging Opportunities Fund – Research Review

The Wunala Capital Emerging Opportunities Fund provides exposure to unlisted and listed securities with a primary focus on providing investors exposure to private investment opportunities ...
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July 9, 2024

AltX Credit Fund Research Review

The AltX Credit Fund (the “Fund”) is a collection of unlisted credit investment opportunities that provides wholesale investors with exposure to Australian real estate debt. ...
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May 24, 2024

Neuberger Berman Global High Yield Fund Update

IIR has provided an update report for Neuberger Berman Global High Yield Fund, formerly NB Global Corporate Income Trust....
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January 31, 2024

Metrics Direct Income Fund (MDIF) Review

Metrics Direct Income Fund (“MDIF” or the “Trust”) is an unlisted unit trust that was established in July 2020. ...
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