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Showing 1261 - 1270 of 6867 results for "CRED"

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
Sydney-based Income Asset Management Group (IAM) has acquired River Capital Liquid Credit Fund and credit mandate for $72 million. It also divested its 25% stake in Fortlake Asset Management. The River Capital Liquid Credit Fund is a high conviction ...

Morgan Stanley adds to regional leadership

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
Michael Levin will head up Morgan Stanley Investment Management's (MSIM) Asia business, including overseeing its Australian offices. Levin will be based in Hong Kong and is responsible for the firm's regional investment management arm with a focus ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
The government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes. Historically, BNPL schemes have been exempt from tough regulation as they do not charge interest ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
Nuveen has secured a mandate from four superannuation funds to invest $190 million across alternative office assets located in the US. Cbus Super, Hostplus, TWUSUPER and another undisclosed super fund have invested in Nuveen's US Cities Workplace Fund ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
One year since ASIC forced finfluencers to obtain a general advice licence or else, finfluencers playing by the rules are reaching financially illiterate and disengaged Australians in a way that traditional advice has failed to. Finfluencers backed ...

EG expands into private debt market

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
EG Funds and Msquared Capital have joined forces to offer investors the opportunity to diversify into the private debt market to service capital products for property sites across the country. Initially, the joint venture will engage wholesale investors ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
Australia's fund disclosure regime ranks weakest in the developed world, leaving investors in the dark. According to a Morningstar Global Investors Experience report, Australia falls behind other developed markets in terms of managed fund and superannuation ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ...