La Trobe Financial chief executive Chris Andrews has talked up the benefits of a float for the $22 billion asset manager, downplaying the effect that a trio of stop orders on its products had on the underlying business and saying that credit stress will be felt more broadly outside private markets.
Speaking at The Australian Financial Review Business Summit on Tuesday, Andrews said that the firm was receiving strong interest from public and private market investors for a sale or a float on the ASX after it was put up for a strategic review by owner Brookfield last year.
