Metrics Credit Partners suspends three ASX funds, cuts asset values after audit
KPMG disagreed with assumptions in preliminary financial reports, prompting markdowns of 12.16%, 10.08% and 1.99%.
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KPMG disagreed with assumptions in preliminary financial reports, prompting markdowns of 12.16%, 10.08% and 1.99%.
One of Australia's biggest private credit lenders suspended trading of three of its ASX-listed funds on Monday and said it would mark down their asset values after auditors disagreed with assumptions used in preliminary financial reports.Metrics Credit Partners, which manages around A$40 billion…