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Showing 241 - 250 of 2615 results for "Loan"

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... 1999 by Hintze, CQS offers alternative credit strategies, including corporate credit (loans and bonds), ABS, collateralised loan obligations (CLOs), regulatory capital, convertible bonds, and structured credit. According to CQS, it also has ESG principles ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins from ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... customers, in line with our purpose," Elliott said. Meanwhile, he said ANZ's Australia retail arm continues to invest in home loan processing, supporting consistent turnaround times. "Which, coupled with ongoing digitisation for deposit account opening ...

Australian Ethical backs infrastructure debt funds

RACHEL ALEMBAKIS  |  FRIDAY, 10 NOV 2023
Australian Ethical has allocated more than $100 million to two infrastructure debt funds that provide finance to renewable energy and social infrastructure projects. Australian Ethical has backed the Infradebt Ethical Fund and the Infradebt Energy Transition ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... new private credit investment offering will be supported by a defensive portfolio of directly originated, senior secured loan assets issued to US middle market companies, owned by some of the world's largest private equity firms. The product seeks to ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... wanted to go out there to be clear around our intentions and our goal but hopefully we will beat that and go further." In its loan selection process, NAB will assess businesses that are 50-51% Indigenous owned while maintaining a commitment to responsible ...

Alternative assets are the way forward: Forum

CASSANDRA BALDINI  |  THURSDAY, 26 OCT 2023
While traditional equities and bonds still have a place in portfolios, an effective strategy for balancing portfolio volatility and generating yield involves incorporating alternative investments, says abrdn investment director Raf Choudhury. Choudhury ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... Plan (ESPP) Loans. "We are pleased to today announce that additional retention payments will be made to close out the ESPP Loan balances for the majority of staff by September 2025," Formica said. He explained the fund manager has initiated the development ...