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Showing 11 - 20 of 214 results for %22Credit Income Trust%22

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
A panel discussion at the AIST Superannuation Investment Conference (ASI) delved into the performance of private credit markets and highlighted nascent investment opportunities. QIC head of multi-sector private debt Phil Miall, IFM Investors executive ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... million liquidity position, including $207.7 million of cash and $560 million of undrawn capacity on the corporate revolving credit agreement. It funded $177.2 million for loans closed in previous quarters and received loan repayments of $339.3 million ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
The Financial Services and Credit Panel has ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... once as a platform TDP and once as a non-platform TDP with the worst result taken. As for the benchmarks, international credit will now be assessed against the Bloomberg AusBond Composite 0+ Yr Index, while Australian fixed income will retain the Bloomberg ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... Australian Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general and consumer credit insurance commissions (Recommendations 13.7 - 13.9) will have to provide standardised consumer consent requirements. Jones ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... respectively. A high super balance does not necessarily emanate from a large pay packet. The ATO found that NSW has more high-income earners than Canberra or any other state or territory. Residents in Sydney's Double Bay registered the highest taxable ...

Macquarie AM wins manager of the year: ILAs

STAFF WRITER  |  FRIDAY, 2 JUN 2023
... Vanguard Global Infrastructure Index Fund Fixed Income Aggregate Bonds Macquarie Asset Management Macquarie Dynamic Bond Fund Credit/Absolute Return Ardea Investment Management Ardea Real Outcome Fund Multi-Asset Capital Stable Columbia Threadneedle ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... industry sectors. Authorised deposit-taking institutions (ADIs), including large and small banks, building societies, and credit unions, experienced a slight increase from $91.4 million to $91.6 million. ADIs are forecast to constitute 34.8% of total ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... volatility and minimal risk to its capital, is the only strategy that passed its heatmap test. "PM Capital is an opportunistic credit-oriented manager that had good preparedness to take advantage of valuation opportunities arising from the coronavirus ...