Executive Director – Credit Strategy and Portfolio Management, Income Asset Management – IAM
Matt provides credit commentary and strategy on the bond market and specific credit issuers, aiding investors to make better risk-return decisions.
Prior to joining Income Asset Management, Matt spent eight years working as a Senior Credit Portfolio Manager at Aberdeen Standard, where he was responsible for the credit portfolio construction and security selection across a wide range of investment-grade/high-yield, financial and non-financial sectors. Reporting directly to the Head of Australian Fixed Income, he oversaw a team of four and was the team’s ESG specialist.
Matt has executed 1, 3, and 5-year credit-strategies that have consistently performed above benchmark.
Matt began his career at KPMG working in Auditing and Assurance and then spent six years at Colonial First State Global Asset Management as a Fixed Income Credit Analyst.
Matt holds a Master of Applied Finance degree from Macquarie University and a Bachelor of Commerce degree from UNSW.
Residential Aged Care and Retirement Living Funding – Managing and Optimising your RADs, Ingoing Contributions and Ongoing Fees
A critical issue facing Residential Aged Care is the growing need for funding. The Mar 2023 StewartBrown financial survey cites the average operating results for RAC facilities at a loss of $15.74 per bed day ($5,2221 loss per bed per annum).
Effective RAC and Retirement Living providers manage their RADs, and Ingoing Contributions and ongoing fees (DMF, CRF, MRF, GSF). Earning additional revenue to fund adequate capital improvements and staffing levels. Which can then generate more consumer pricing.
Matt will present how to manage these more effectively, optimising revenue whilst meeting your risk and liquidity requirements.