When Visy Industries and The Australian Financial Review first joined forces a decade ago to explore what could be done to encourage our superannuation funds to lend more money to local businesses, fixed income was playing second fiddle to equities.The message from the super funds was they could not waste their asset allocation budgets on low-returning investments, so the marginal dollars were more likely to be steered towards infrastructure and private equity than direct lending.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles