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Showing 1731 - 1740 of 6023 results for "Credit"

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
The much-anticipated sale of Madison Financial Group was finalised Tuesday evening, with the buyer paying $4.5 million to $5 million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... for us in light of other restructuring we are undertaking at the moment, including evaluating putting two of our business credit investments into a listed shell we are in communication with." There are approximately 181 wholesale investors in the IPO ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors. Wexted Advisors has asked Sargon's creditors, of which there ...

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... charge 12bps per year as fees. The second launch, iShares Core Corporate Bond ETF (ICOR), invests in Bloomberg AusBond Credit 0+ Yr Index and will charge 0.15bps per year in management fees. Outside of the index, BlackRock will use ESG screens for both ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... comprehensive package in mid-March." Lowe said the RBA's goal is to support the economy by keeping funding costs low and credit available, especially to small and medium-sized businesses. "As banker to the Australian government, the RBA has also processed ...

Let's not waste the crisis

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... support these initiatives for as long as they are needed, particularly as government support winds down," Farrant said. Credit Suisse head of ESG research Phineas Glover agrees, arguing that government stimulus had so far softened the blow for the nation's ...

Is the worst yet to come?

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... banks buying government bonds and asset backed securities in the mortgage market, but there has been this step up into credit markets. "It's not a big step from there into equity markets and that I think is clearly distorting, indirectly and directly ...

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... while an employee sat on its board. The Los-Angeles based alternatives manager, which runs private equity, real estate and credit strategies did not admit or deny the findings, but agreed to a cease-and-desist order, a censure and the US$1 million civil ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... after identifying performance discrepancies in its cash and Australian bonds holdings. REI Super said the average estimated credit is less than $60 per member, and the effect of remediation on fund members as a whole is "minimal". It initially flagged ...