Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 1878 results for "Lendi"

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
In August, Finder's Consumer Sentiment Tracker recorded the highest level of mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million ...

BlackRock revamps private credit business

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
BlackRock is restructuring its private debt arm, saying private credit is "one of the firm's top priorities" and it intends to become a leader in the space. BlackRock is creating a Global Direct Lending business within its existing private debt function ...

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
Arrowpoint Capital has launched a new private debt fund targeting high-net-worth investors, super funds and SMSFs. It said the decision to launch the fund came from increased demand for capital from businesses outstripping supply. "The supply of capital ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
Northern Trust has launched its Integrated Trading Solutions (ITS) fixed income outsourced trading capability in the Asia Pacific (APAC) region. The expanded offering, provided through Northern Trust Securities in Australia, targets fixed income trading ...

Melbourne adviser sentenced to 18 months' prison

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Former Melbourne financial adviser Bradley Grimm has been convicted by the County Court of Victoria on three counts of engaging in dishonest conduct while running a financial services business. Grimm was sentenced to 18 months' imprisonment, with ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
MA Financial has announced two new agreements - with each deal worth up to $1 billion - to expand its real estate investment options for institutional investors, including introducing an Australian-first program. A collaboration with Warburg Pincus ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
Centrepoint Alliance has reported a 20% increase in EBITDA for FY24 of $9.1 million and NPAT of $7.8 million, up $1.5 million from FY23. Gross revenue across the network of licensed financial advisers and self-licensed firms increased by 6% to $288 ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
HMC Capital has reported a 57% jump in earnings compared to FY23 to $129 million thanks to recurring management fees, investment gains and performance fees. Over the past 12 months HMC established three new platforms in private credit, energy transition ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
Channel Capital has launched the West Street European Private Credit Fund (AUD) for Australian wholesale investors. The asset manager's fund is an open-end unit trust that accesses Goldman Sachs Asset Management's European private credit strategy, which ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
Australian Retirement Trust will welcome a new chief financial officer in October. It comes as the fund also adds three new leadership positions to its investments function. Phil Fraser will take over as chief financial officer on October 1, replacing ...