Income Asset Management - Managed Discretionary Accounts
IAM offers direct ownership of a curated portfolio combining investment grade bonds with syndicated term loans.
Investment Highlights
This professionally managed discretionary account offers direct ownership of a curated portfolio, uniquely combining the stability of investment-grade credit with the higher yields of syndicated term loans.
The strategy is actively managed by an experienced investment committee, targeting a return of RBA Cash plus 3.50 per cent. Investors benefit from a high-conviction approach, holding 20-25 quality assets directly, which ensures full transparency and avoids the shared costs typical of pooled funds.
This structure provides access to institutional-grade syndicated loans not widely available to private clients, blending capital stability with the potential for attractive, risk-adjusted returns.
IAM managed discretionary accounts offer direct ownership of a curated portfolio combining investment grade bonds with syndicated term loans. Managed by professional investment managers, our portfolios combine active oversight with tailored support and transparent reporting.
Through a unique combination of 60% investment-grade credit and 40% syndicated term loans, the IAM Income MDA delivers capital-stable, cash-generative investments designed to generate attractive risk-adjusted returns, currently targeting RBA Cash + 3.00%-3.50%.
Proactive portfolio management
Our team actively positions your portfolio in response to market conditions, issuer developments and macroeconomic shifts, optimising returns while controlling volatility.
Direct ownership and full transparency
You have direct ownership of each asset and can see exactly what investments are in your portfolio, including acquisition costs, market value and accrued interest.
High quality investments
Portfolios are typically high conviction with the total number of holdings limited to 20-25 high-quality fixed income assets.
No shared costs
Tax events and transaction costs are not shared across clients.
Premium service
We manage the daily administrative aspects of your managed account and provide customised, comprehensive reporting and monthly valuation statements.
Portfolio features
| Details: |
A portfolio of capital stable, cash generative, fixed income assets that offer attractive risk adjusted returns |
| Trustee Services: |
Trustees Australia Limited (TAL) |
| Custodian: |
Perpetual Corporate Trust |
|
Minimum Investment: |
$1,000,000 |
| Investment Universe: |
AUD Bonds and Corporate Syndicated Loans |
| Allocation: |
60%/40% Investment Grade Credit / Syndicated Term Loans |
| Minimum Exposure: |
20 assets |
| Target Return: |
RBA+3.00%-3.50% |
| Structure: |
Direct Asset ownership reported to each SMA investor portfolio, no pooling of investor funds |
|
Fees: |
|
|
Reporting: |
Live portfolio holdings. Formal reporting provided monthly. Semi-annual opportunity to meet with Investment Committee |
|
Distributions: |
Paid quarterly or reinvested |
IAM managed accounts include high-quality fixed income assets including syndicated loans, which are backed by rigorous bank-level due diligence and not widely available in public markets.
The strategy is overseen by an investment committee chaired by James Simpson, co-founder of Platinum Asset Management and soon-to-be appointed IAM Board member. Joining him on the committee is IAM director Danielle Press who is also chair and non-executive director of Insignia Financial Trustees and a former ASIC Commissioner. Matthew Macreadie, Executive Director of Credit Strategy and Portfolio Management at IAM manages the portfolio.
© 2025 IAM Group | Income Asset Management Group Limited ACN 010 653 862 (ASX: IAM) and wholly owned subsidiaries, IAM Capital Markets Ltd ACN 111 273 048 AFSL 283119, IAM Cash Markets Pty Ltd ACN 164 806 357 as corporate authorised representative (no. 001295506) of AFSL 283119, Trustees Australia Limited ACN 010 579 058 AFSL 260038 and IAM Funds Pty Ltd ACN 643 600 088 as corporate authorised representative (no. 001296921) of AFSL 260038, together the IAM Group.
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Income Asset Management Group (ASX:IAM) is a full-service investment house with more than 20 years’ experience delivering income solutions. We empower Australian investors to navigate fixed income markets with confidence through our deep expertise, institutional grade opportunities and unwavering transparency.
IAM provides access to wholesale markets across bonds and loans, including asset backed securities, residential mortgage-backed securities and managed discretionary accounts. Our investment offerings all strive for a sensible, risk-adjusted return, to smooth out market fluctuations in the most cost-effective way.
Our Values
I AM
We are genuinely excited about our work and what we are building at IAM. We take ownership and approach our work with a growth mindset, for ourselves and for IAM.
I TRUST
We do the right thing by our people, clients, shareholders and business partners by acting ethically, with integrity, transparency, and by delivering on our promises.
I CARE
We support and respect each other through flexible, collaborative, and accountable work practices. We put our clients first by upholding the highest standards of compliance, care, and proactive service.
I ASPIRE
We think boldly and act with ambition, embracing innovation, calculated risk-taking, and sustainable growth while staying true to our responsibilities and purpose.
James has 34 years of experience in active funds management, 17 of which were alongside Kerr Neilson and more recently, management of his own family office. He has a foundation in equities but has broadened that focus toward the bond markets and private credit. As a co-founder of Platinum Asset Management (ASX:PTM) he brings a deep understanding of investment products and financial markets. James recently accepted a non-executive board position with PTM.
Danielle has extensive experience in capital markets, asset management and financial services regulation. She was a Commissioner of the Australian Securities and Investments Commission from 2018-2023. She currently chairs the Superannuation Trustee Boards of Insignia Financial. Her leadership experience includes holding the CEO role at the Myer Family Company and Equip Super.
Prior to that, Danielle spent 17 years at UBS, in a range of roles focusing on investment, risk management and client solutions in Australia, Singapore and Chicago. She began her career at the Reserve Bank of Australia in the International Department. Danielle holds a Bachelor of Economics (Hons) from the University of Western Australia.
Matthew’s current responsibilities include providing credit commentary/views on the bond market and specific credit issuers with the aim of aiding investors to make better risk-return decisions. He is also part of a team of four within the Debt Capital Markets (DCM) team, which provides corporates, financials, property, and infrastructure companies with flexible funding solutions.
Prior to joining Income Asset Management, Matthew 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.
Matthew has executed 1, 3, and 5-year credit-strategies that have been consistently above benchmark.
Matthew began his career at KPMG working in Auditing and Assurance within the consumer and industrials group and then spent six years at Colonial First State Global Asset Management as a Fixed Income Credit Analyst.
IAM provides comprehensive guides, insightful articles, and expert-led webinars for both investors and professionals seeking to deepen their understanding of fixed income investments. Our resources cover a wide range of topics, from fundamental bond concepts to advanced strategies, equipping you with the tools and knowledge required to make informed decisions and navigate the dynamic fixed income market with confidence. Click here to learn more.
Click here to browse through our coverage in the media and other business news and insights.
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This offer of securities is available to sophisticated investors only. This product listing was vetted by and approved by the issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the securities.
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