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Showing 81 - 90 of 5255 results for "Credit"

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... In October, it partnered with iCapital to provide advisers access to global wholesale managed funds investing in private credit and hedge funds. Charles Badenach, principal and private client adviser at Main Street Financial Solutions, sees sophisticated ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... providers are stepping in with solutions such as levered unitranche structures to better serve borrower's needs. "Private credit mainly competes on flexibility for borrowers, and also offers relatively more pragmatic structures; these deals are usually ...

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... the insurer. In 2017, the corporate regulator permanently banned Fong from providing financial services or engaging in credit activities. Three years later, Fong was charged and granted conditional bail. While he initially attempted to appeal ASIC's ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... while funds are continuing to increase offshore holdings, they are also favouring unlisted asset classes, with private credit and unlisted international infrastructure the most favoured asset class, followed by unlisted property. This is in contrast ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... "Financial literacy is about more than being able to put together a budget; it extends to understanding how to manage a credit card to your advantage and being able to figure out the best way to make big purchases happen." Chambers said the research ...

Maple-Brown Abbott loses sales head

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
... Joe Millward noted that Hodnett's appointment reflects the heightened investor focus on the attractiveness of private credit as an asset class, with middle-market direct lending being a rapidly growing strategy. "Continued strong corporate borrower ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... prudential regulation in contrast to a series of regional bank failures such as Silicon Valley Bank and the collapse of Credit Suisse. "It was probably the test of the [Australian] financial system that we've got and the prudential regulation that ...

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
ASIC has banned former Magnolia Capital Group director Mitchel Atkins from managing corporations and providing financial services. Atkins was a director of Magnolia Capital, which went bankrupt in 2022, owing unsecured creditors millions of dollars. ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... prosper in delivering the highest returns for the risks involved." Fleming added that fixed income investors should invest in credit that is linked to cash rates, such as RMBS that have a floating rate of interest that increases if rates go up. "Despite ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... progressed to a formal decision. Of its 46,097 members, 10,494 are firms, and the remaining 35,603 are individual authorised credit representatives. It pointed out that 69% of its financial firm members have not received any complaints. AFCA chief executive ...