La Trobe Financial backed by top operational rating

Yasmine Raso

Senior Journalist, Financial Newswire

14 February 2025

La Trobe Financial Asset Management (LFAM) has had its Operational Due Diligence (ODD) Rating by Foresight Analytics reaffirmed as ‘Superior’, the highest grade available.

The rating reflects the support of parent company, La Trobe Financial Group, across the wealth manager’s operations channels including human resources, risk and governance oversight, profitable growth, and operational resilience, as well as its product strategies, such as its recent dive into US Private Credit offerings.

Foresight Analytics said the rating indicates the “superior capacity of an operating party to perform its operational role and assist the fund in meeting its financial and investment obligations”.

“The growth of La Trobe Financial Group has been driven by the trust of its expanding investor base. This success is further supported by robust and consistent governance, risk management, and compliance frameworks, ensuring the protection and growth of investor interests,” Foresight Analytics analyst, Shruti Ghosh, said.

“Looking ahead, we maintain a positive outlook on LFAM’s financial and operational performance. We are confident that the local management team possesses the expertise, alignment, and capacity needed to effectively execute the board’s strategic vision while delivering expected outcomes for investors.”

Foresight Analytics highlighted LFAM’s history of no capital losses in 35 years among retail investors and in 72 years for institutional investors. La Trobe Financial Group boasts a team of 540, with 80 people part of its Asset Management division. With the launch of its US Private Credit Fund, the firm also welcomed seven new employees in the last financial year to support its growth strategy.