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Showing 151 - 160 of 2612 results for "Loan"

Nuveen extends private credit fund to Australian investors

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... credit markets overseas, particularly in the US," Churchill portfolio investment strategist of PCAP and head of collateralised loan obligations management Kelli Marti said. "As private credit markets continue to grow and become more diverse, the need ...

360 Capital seeks $20m in capital raise

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
... proposed off-market buy-back to be considered at the upcoming EGM, are important steps in continuing to diversify the fund's loan book, improving market liquidity for the fund's units, closing the different between the trading price of the units and ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Australian Prudential Regulation Authority (APRA) will keep its current macroprudential policy settings steady following its regular review of domestic and international economic and financial conditions and risks. APRA's macroprudential policy ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...

Teaminvest partners to launch new fund

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... for the reputation and experience of the advisers and their team; value, quality and marketability as assets securing the loan; and the ability to repay based on profit, cash flow and financial stability. "The investment and credit committees will rigorously ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... be named as the borrower when it knew the loans were intended for a domestic, personal, or household purpose, like a home loan - which would otherwise be captured by the National Credit Code and carry consumer protections. Some of the companies had no ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... on the compelling opportunity." Barings has also completed the first close of the Barings Developed Asia Pacific Private Loan Fund 1A, which exceeded $460 million. It was anchored by an unnamed Asian institution. "The Asia Pacific private credit market ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... $25,000, together with ongoing annual fees of up to $800. Most consumers who bought into the timeshare scheme took out a loan with a company related to Ultiqa to pay for their timeshare interest. Ultiqa went into voluntary liquidation on 30 April 2021. ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...