In this webinar, Perpetual’s Greg Stock and Michael Murphy explain how they identify opportunities and avoid pitfalls in private credit.
When well-managed, private-credit investments can provide a differentiated source of income and diversification.

But poorly managed allocations can leave investors exposed to liquidity mismatches and risks that can emerge under stress.

Perpetual PMs Greg Stock and Michael Murphy continuously monitor and invest in this space and will share actionable insights in this discussion.


CPD accreditation is available.
Greg Stock
Head of Credit Research, Senior Portfolio Manager
Perpetual
Greg is the Manager responsible for Perpetual’s unconstrained credit and long duration strategies. Greg has over 30 years experience in investment management, accounting and risk management. He has researched and analysed credit markets on both the buy side and sell side for over 20 years and through multiple cycle. His research role is broad, he covers the bank and financial sector and is a credit signatory.

Greg has been managing portfolios for over 20 years. He is currently the portfolio manager for the Perpetual Pure Credit Alpha Fund, Perpetual Credit Income Trust, Perpetual Active Fixed Interest Fund and Perpetual Dynamic Fixed Income Fund

Prior to working at Perpetual, Greg had a similar research and portfolio management role at Macquarie Funds Management. And while at Macquarie Bank for over six years he had roles in debt markets research, risk and accounting. Earlier, Greg worked at PricewaterhouseCoopers as a chartered accountant over six years.
Michael Murphy
Senior High Yield Analyst/Associate Portfolio Manager
Perpetual 
Michael Murphy is the Portfolio Manager for the Perpetual Loan Fund and a Senior High Yield Analyst, focusing on the high yield and private debt markets.

Michael joined Perpetual Asset Management Australia in October 2018, having previously worked as an Investment Associate at Metrics Credit Partners, responsible for covering leveraged finance and corporate private debt.

Prior to this, he was an Associate Credit Analyst at Morningstar and before that, a Credit Risk Analyst at Commonwealth Bank.

Michael has a Bachelor of Engineering (1st class honours) and Bachelor of Economics from the University of Adelaide, along with a Master of Philosophy (Economics) from the University of Oxford.