Bentham promotes Larry Francis to Wholesale Distribution Manager for NSW and QLD
Bentham Asset Management, a leading specialist global fixed interest and credit investment manager, has promoted Larry Francis to Wholesale Distribution Manager for NSW and Queensland.
Mr Francis, with over seven years of experience across sales and distribution roles, has a strong background in the credit asset management sector. He joined Bentham over three years ago and prior to that was part of the distribution team for Clime Asset Management and Grant Thornton Australia.
Richard Quin, Bentham’s Principal and Chief Investment Officer said, “We are pleased to broaden our client coverage in Australia as part of our efforts to provide quality service to our valued investors and the financial advisory community.”
Mr Francis added, “I am grateful to be working with an industry leading fixed income and credit manager and excited to work with adviser practices across both states.”
Bentham offers a range of funds designed to provide regular income while diversifying risk in global credit markets.
Fixed income and global credit continue to be a useful diversifying asset class for Australian investors. It can offer higher income than cash, with less risk than shares, while bringing diversification benefits that can reduce overall portfolio risk.
Importantly, when allocating a portfolio across cash, fixed interest and equities, adding global credit has historically improved returns for a given level of risk because global credit can perform well at different times to equities, fixed income and other asset classes, noted Mr Francis.
Bentham’s flagship Global Income Fund will celebrate its 20th anniversary in September this year and has a current monthly distribution rate of 6.5% pa.
Mr Francis holds a Bachelor of Applied Finance and Economics from Macquarie University and is a Level II Candidate in the Chartered Financial Analyst (CFA) program.
