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Showing 151 - 160 of 7787 results for "retail"

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... global private credit investment fund for Australian wholesale and sophisticated investors, with several offerings for retail investors to follow. The Pengana Diversified Private Credit Fund offers Australian investors greater access to global private ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... interest coverage ratio for these firms is currently 2.5x." According to PitchBook, global private debt institutional and retail investors' assets under management totalled US$1.8 trillion at the end of 2022 (retail investors hold US$200 billion). ...

Magellan FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... net outflows. At September end, the ASX-listed company's FUM stood at $35 billion, consisting of $16.2 billion from the retail segment and $18.8 billion from the institutional side. In comparison, Magellan's FUM in August was $39 billion - $17.5 billion ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... this can leave firms susceptible to severe outages and service degradation incidents due to surges in service demands and retail investor activities." She said firms' resources should be "commensurate to the scale and nature of [your] business operations ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... industry. The latest data from Plan For Life shows that TAL continues to hold the lion's share of the group insurance and retail market. The group insurance sector saw a 3.7% year-on-year increase in inflows, with Zurich reporting the highest growth ...

AIA welcomes new group partnerships lead

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... roles within CommInsure, including overseeing corporate fund partnerships and business development for masterfunds and retail risk products. He's also previously worked with Roy Morgan, OnePath and Allianz. In the new role, Stavliotis will report to ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... Sanlam Private Wealth, the AFSL which authorised Bobbob to offer the product. Bobbob will not provide financial services to retail clients for 12 months, and Goldberg will himself, not provide, and not be involved in managing a business that provides ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
MLC Life Insurance has introduced several discount changes that can save new and existing retail customers up to 50% across various products. For financial advisers and new clients, MLC Life has applied a range of discounts across different products ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... citing the challenges of hybrid bonds, also known as AT1 capital instruments. APRA explained many hybrids are held by Aussie retail investors which would make it particularly challenging to use the securities to facilitate the recapitalisation of a bank ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... Financial Advisers Register. The original deadline date was set for 1 January 2023. Advisers who provide personal advice to retail clients on relevant financial products, as well as time share advisers, must be registered. The regulator has pushed back ...