{
  "id": 10402775,
  "title": "Metrics Credit Partners suspends three ASX funds after audit triggers asset-value cuts",
  "url": "https://urgent.news/2026/09/28/metrics-credit-partners-suspends-three-asx-funds-after-audit-triggers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T08:26:25.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/metrics-credit-partners-suspends-three-asx-funds-after-audit-triggers-asset-value-cuts/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Metrics Credit Partners has suspended trading in three ASX-listed investment funds and reduced their reported asset values following an audit. The funds affected are Metrics Real Estate Multi-Strategy Fund, Metrics Income Opportunities Trust, and Metrics Master Income Trust. The reduction in asset values is due to different conclusions drawn by auditor KPMG compared to preliminary financial reports, particularly concerning valuation inputs and probability weightings. The largest adjustment was in the real estate-focused fund, with its net tangible asset value falling by 12.16% to AUD2.22 per unit. Metrics stated that the audit led to increased provisions for potential losses on loan exposures across all three funds, reflecting factors such as interest-rate conditions and regulatory expectations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Major Australian private lender suspends three ASX funds, cuts asset values after audit",
        "url": "https://urgent.news/2026/09/28/major-australian-private-lender-suspends-three-asx-funds-cuts-asset",
        "published": "2026-09-28T05:18:31.000Z"
      },
      {
        "outlet": "Bloomberg",
        "title": "Australian Private Credit Firm Metrics Cuts Value of Three Funds",
        "url": "https://urgent.news/2026/09/28/australian-private-credit-firm-metrics-cuts-value-of-three-funds",
        "published": "2026-09-28T06:35:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}