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Showing 1631 - 1640 of 6021 results for "Credit"

HESTA adds to leadership team

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... he was chief investment officer and managing partner. Previously, he was a director and head of proprietary trading at Credit Suisse and has also held chief investment officer roles at Austock Asset Management and Challenger Funds Management. "HESTA ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... Fresh off the back of buying an 18.3% stake in Evans Dixon, 360 Capital has tallied up another victory as unitholders of a credit LIC it tried to take over voted in its favour. Unitholders of the Australian Enhanced Income Fund (AYF) yesterday afternoon ...

Aussie small caps outperform

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... returns. "Generally speaking, returns above the benchmark can only be achieved by playing around with interest rate risk and credit risk. "Credit, for example, is an easy place to goose returns. Through time, credit securities produce higher yield than ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
Small businesses suffering financial hardship as a result of COVID-19 will have temporary insolvency and bankruptcy protections in place until the end of the year. The federal government has extended temporary insolvency and bankruptcy protections until ...

S&P downgrades AMP

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
AMP Limited and AMP Group have been hit with a credit downgrade from S&P. S&P downgraded AMP Limited and AMP Group Holdings from BBB to BBB-. AMP Bank also got a downgrade, from BBB+ to BBB. However, the outlook for AMP Group improved from "creditwatch ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... the preferred sector exposure, asset managers are inexpensive and Link Group offers the best mid-term value, according to Credit Suisse's Diversified Financial Services Sector review for August 2020. The report reviewed the key operational trends in ...

Chief economist update: Is Dan still the man?

BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
... borrow at higher interest rates for markets now fear that the state's extended lockdown risks taking Victoria's credit rating below AAA status. However, a downgrade in Victoria's credit rating is the least of Andrews' problems. Dan's ...

Former IFM executive joins KKR

KARREN VERGARA  |  MONDAY, 7 SEP 2020
... at Wellington Market based in Sydney. KKR recently made senior appointments in Ben Hall as managing director and head of credit for KKR Australia, and former QIC principal Andrew Jennings as a director of infrastructure. It acquired a 55% stake in Colonial ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... this he was risk manager, senior risk analyst and insurance auditor. Prior to this he was a risk analyst at GE Money and a credit analyst at Royal and Sun Alliance. Commenting on his appointment, Vassiliev said lenders are operating in a challenging ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
The founder of a distressed debt hedge fund faces civil and criminal charges in the US, after it was found he abused his position in the bankruptcy proceedings of luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged ...