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Showing 91 - 100 of 5255 results for "Credit"

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... year. Not only is it harder to raise capital, but stringent monetary policy has also made it tougher to access lending and credit facilities, severely hindering their ability to scale and expand operations, or simply survive. Nearly 30% of the 58 fintechs ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... private bank, has awarded a mandate to Equity Trustees for its first offering in Australia. The LOIM Sustainable Private Credit (Australia) Unit Trust seeks to deliver investors capital preservation and risk adjusted returns through senior secured private ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
First Sentier Investors (First Sentier) has finalised its strategic partnership with European alternative credit specialist AlbaCore Capital (AlbaCore), broadening access to global private credit markets. Headquartered in London, AlbaCore has capabilities ...

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... Management. Under the acquisition, expected to close in early 2024, Manulife will own London-based CQS's US$13.5 billion credit platform and its brand for an undisclosed amount. According to a statement, the transaction does not include specific ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... manager with about US$14 billion under management. The Magnetar Relative Value Unit Trust will employ various alternative credit and fixed income, systematic investing, healthcare, energy, and infrastructure strategies. It's first investor is an unnamed ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... management fee of 0.50% plus 20% of the net cash margin. There is no performance fee. "With AUD/USD at historic lows and the US credit rating once again under threat from a US political stalemate, investors are increasingly concerned that a sustained ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... uncertainty." According to the consultant, profits could have reached even higher levels if not for the normalisation of credit expenses and the inflationary impacts on costs, notwithstanding the continued reduction in notable expenses. PwC reported ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... also worked as a broker and operated Babbage Finance in Hawthorn, meaning he can also re-enter the industry and engage in credit activities sooner. In 2021, amid Western Australia imposing tough border restrictions, Babbage and a companion travelled ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
Greg Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... their banking experience. "We continued to strengthen our balance sheet and closed the year with provisions for potential credit losses higher than prior to the pandemic and with more capital than ever before. This is critical as we enter a period of ...