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Showing 1581 - 1590 of 6021 results for "Credit"

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... General insurance was behind that accounting for 24% of complaints, then superannuation at 9% and financial advice at 6%. Credit cards were the most complained about product (with 11,628 complaints), followed by home loans (7608), personal loans (5722) ...

New chief for global fund manager

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... president in early 2020, Freno has successfully integrated all of the firm's investments businesses - public and private credit, real estate and specialty equity markets - in addition to operations, technology, product management, distribution and marketing ...

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... consequences," Macquarie chief executive Shemara Wikramanyake said. "Those impacts are reflected in our results, notably in credit and other impairment charges in relation to the ongoing impact of COVID-19 on our clients and customers and in delays to ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
Ares's joint venture with Fidante Partners will launch a second credit fund later this year. The Ares Diversified Credit Fund will use an open-ended structure, similar to Revolution Asset Management's last private debt fund. It will invest in ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... followed by 13.4% in floating rate notes, about 3% in inflation-linked bonds and about 4.8%% in cash and cash equivalents. The credit rating was AAA (about 56%), AA (about 15%), A (11.3%) and BBB (14.3%). Last year, many fixed income managers trimmed ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... opportunities, including large and complex businesses and divisions thereof, that may supplement or offer adjacencies to its core Credit, Private Equity and Real Estate grounds and which often includes making non-binding indicative proposals." "As publicly ...

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... Sustainable High Growth 0.46%; Australian Equity Income 0.44%; Global Environmental Opportunities 0.49%; and Diversified Credit Income 0.39%. UniSuper wrote to members: "You will see a difference in the description and calculation of fees and costs for ...

ING announces head of wealth, chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... fifth largest main financial institution and launched multiple new retail products and services including personal lending, credit cards and insurance. ING Bank Australia chair John Laker commended Evans on her promotion and her experience as a banker ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... Like AMP chief executive Francesco De Ferrari, Ares Management Australia and New Zealand chair John Knox is an alumnus of Credit Suisse. Knox was Credit Suisse Australia chief executive between April 2015 and September 2019, and prior to that held a ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... Enhanced Income Fund (AYF) and installed 360, after a long-winded battle with the AYF board. It previously tried to launch a credit LIC of its own but pulled the brakes citing COVID, satisfying itself with AYF and an open-ended fund.