The sector has been under scrutiny after a period of rapid growth. Even ASIC, a critic, says it’s an important part of the economy – but it needs standards.

The sector has been under scrutiny after a period of rapid growth. Even ASIC, a critic, says it’s an important part of the economy – but it needs standards.

A closer look at the controversies, risks and returns of these once-obscure investments as they become increasingly mainstream.

The private credit industry has been told its June 30 fund valuations must reflect a deteriorating economic reality, but even this is open to interpretation.