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Showing 1031 - 1040 of 6017 results for "Credit"

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... decisions made are based on factors that you can't predict; think Covid, the Ukraine war, more recently the collapse of Credit Suisse, you can't predict that. Unless you go through these things you don't know how to deal with them." As such, O'Donoghue ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Pacific Current Group (PAC) has acquired a minority investment in San Francisco-based private equity firm Cordillera Investment Partners (Cordillera). The $44.9 million deal will see PAC take on 16.4% of Cordillera's revenues, both management fees and ...

UBS set for Australian wealth management comeback

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... UBS is readying for a return to Australia's wealth management sector, aiming to build on the private banking legacy of Credit Suisse. In 2015, UBS decided to withdraw from the Australian market for wealth management services due to rising regulatory ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Global X has launched a US investment grade corporate bond ETF, amid skyrocketing credit demand. The Global X USD Corporate Bond ETF (Currency Hedged) (USIG) aims to provide investors with access to the world's largest corporate bond in a cost-effective ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... asset classes. Finally, Australian fixed income is set to include an exposure to inflation-linked bonds and floating-rate credit. "The purpose of the amendment is to improve the accuracy of the test, reduce the incentive for trustees to avoid certain ...

Mantis Funds wins new distribution mandate

CHLOE WALKER  |  MONDAY, 3 APR 2023
... These derivatives are backed by investment grade sovereign and corporate bonds, predominantly UK gilts, aiming to minimise credit risk. "Volatility and predictability don't usually go hand in hand. While sophisticated investors broadly understand ...

APRA investigates NobleOak capital adequacy breach

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... associated with their activities. The Asset Concentration Risk Charge is the amount by which the values of individual asset and credit exposures or groups of related exposures exceed certain limits. APRA has noticed the increased use of offshore reinsurance ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... reigns over to Hamers in 2020. The former chief has been picked to steer the bank through the unknown territory of its Credit Suisse take over, UBS board explained the decision was made considering new challenges and priorities following its acquisition ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... holdings in banks and related assets. AXA IM's chief investment officer said the risk is also attributable to potential credit impairments, losses in other sectors such as real estate, and a wave of banks reporting loan-loss provisions. "The interest ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... withdrawals must be included, not accounting for the regulatory requirement for pension drawdowns. The application of the credit and debit system for Transfer Balance Cap recognises that pension payments are a function of the pension account and do not ...