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Showing 1121 - 1130 of 6018 results for "Credit"

Munro, Tribeca now core SOHN Hearts and Minds managers

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... to HM1 over the last four years. Tribeca Investment Partners manages a suite of specialist strategies across equities, credit, global natural resources, and opportunistic mandates. Its portfolio manager Jun Bei Liu manages Tribeca's Alpha Plus Fund. ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Aussie income equities fare well amid turmoil

JAMIE WILLIAMSON  |  MONDAY, 14 NOV 2022
... Merlon Wholesale Australian Share Income Fund (1.4%). Rounding out the top performing asset classes for the period were credit (-4.9%), flexible asset allocation (-5.7%), large cap Aussie equities (-7.8%) and capital stable (-8.2%). The worst median ...

New credit fund targets Australia

CHLOE WALKER  |  FRIDAY, 11 NOV 2022
... private investment firm Chimera Capital and Alpha Wave Global, a global investment company, have launched a US$2 billion credit fund with a focus on Australia. The Alpha Wave Private Credit Fund has a global mandate but a primary focus on Australia ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... reported its FY22 cash earnings dropped by 1% to $5.27 billion. It attributed the loss to a $925 million turnaround in credit impairment charges and the loss of earnings as it exited businesses. It said statutory net profit is up 4% to $5.69 billion ...

TCorp appoints real assets head

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... TCorp since 2015, Murray previously held roles such as senior portfolio manager, diversified funds, defensive assets and credit, and acting head of portfolio delivery and head of liability management, derivatives and defensive assets. Prior to joining ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months, the prospect of new capital instruments being issued at higher credit ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... year, as previously reported by Financial Standard, Hostplus selected Apollo Global Management to launch as Asia Pacific credit strategy. That credit strategy launched with US$1.25 billion in assets, following an inaugural raise that included a $500 ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Following a strategic review, Credit Suisse will undertake a "radical" restructure of its investment bank and cut thousands of jobs. Credit Suisse chair Axel P. Lehmann said the group has "become unfocused" in recent years and the new strategy is "the ...

Breach reporting improvements needed: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... commencement and 30 June 2022, only 6% of licensees lodged a report. Further, most reports came from AFS licensees, not credit licensees. Overall, 74% of the reports received came from the same 23 licensees, which were typically larger; just 9% of reports ...