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

Search Results

Showing 1541 - 1550 of 6021 results for "Credit"

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
Aura Funds Management has appointed a former Challenger executive to lead its property credit fund. Shaun Fernando is a new director and portfolio manager for the firm's real estate credit strategy in Australia and is based in Sydney. Fernando was an ...

AFCA forced into rule change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... liability for licensees regarding their authorised representatives as set out in the Corporations Act and the National Consumer Credit Protection Act. The new rules will come into effect from 13 January 2021, but complaints received before that date ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
... income. Escobar's duties were then reduced and she received the new title of portfolio manager - internal management - credit and cash. According to the claim, Acosta would go on to be promoted over Escobar to head of fixed interest assets, and Escobar ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... approach, owning some longer dated government bond exposures, and other higher yielding areas of fixed income such as corporate credit or emerging markets debt," Somaia said. "We think this provides the diversification of high-quality government bonds ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 billion of ERS withdrawals ...

Fund supports deidentified recruitment

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
Future Super, the $1 billion ethical retail fund, has shared how its deidentified recruitment has helped boost diversity - after mixed results last year. Future Super head of group strategy Veronica Sherwood-Meares said on LinkedIn that Future Super ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
... alternative investments platform for Qualis Capital, offering a menu of hedge funds, private equity, real estate and private credit funds for sophisticated investors. Additionally, it will launch margin lending for international SMAs in partnership with ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
The corporate regulator has cancelled the Australian financial services licence of Halifax Investment Services nearly two years after it was placed into administration. The cancellation took effect from 8 January 2021 and allows the licence to operate ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... to National Australia Bank. One was $57.5 million in the fees for no service scandal and the second was $15 million for credit law breaches. Israel was in third place, although just one fine was handed down to Israeli banks last year. That fine was US$902.5 ...

HESTA hires from Frontier

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... risk management of all London trading desks as well as the global FX options desk. He has also held also senior market and credit risk roles at HBOS Treasury and Lloyds. "Strengthening our portfolio construction and risk management is key to our overall ...