Friends With Money #209: Generate a stable income in volatile markets

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In volatile markets, is there anywhere you can safely invest your hard-earned cash?

In this episode of the Friends With Money podcast, Michelle Baltazar, editor-in-chief of Money Magazine, discusses the concept and benefits of global private credit with Nehemiah Richardson, chief executive and managing director of Pengana Credit.

The discussion centers around why diversification, especially in financial uncertain times, is important and how global private credit can offer attractive investment opportunities.

friends with money podcast michelle baltazar nehemiah richardson how to generate a stable income in a volatile market

They also touch on how retail investors can access this asset class and introduce Pengana's TermPlus product.

00:19 Market whiplash and diversification

00:56 Understanding global private credit

01:51 Investment characteristics and benefits

04:14 Risk mitigation and manager selection

06:17 Local vs. global private credit

10:12 Innovations in global private credit

10:56 TermPlus: A new investment product

14:37 Final thoughts and advice

*This podcast is proudly brought to you by Pengana Capital.

Disclaimer: Pengana Capital Limited (Pengana) (ABN 30 103 800 568, AFSL 226 566) is the issuer of units (Term Accounts) in TermPlus (ARSN 668 902 323). Any advice provided is general in nature and does not take into account your particular objectives, financial situation or needs. You should consider the PDS and TMD available at www.termplus.com.au before investing in TermPlus. For further details, please see the Important Information page at www.termplus.com.au/important-information.

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What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

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You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice. Connect with Michelle Baltazar on LinkedIn.

Nehemiah Richardson is the managing director and CEO of Pengana Credit. He has more than 20 years of financial services experience at leading international and Australian institutions including Credit Suisse, JPMorgan, Merrill Lynch (now Bank of America), National Australia Bank and Latitude Financial Services. He holds a Bachelor of Science from MIT. Connect with Nehemiah on LinkedIn.