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Showing 31 - 40 of 5347 results for "Credit"

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... said. The CSLR is actively managing 102 claims - 79% of which related to financial advice - while securities dealing and credit intermediaries such as finance and mortgage brokers comprise 15% and 5% respectively. The scheme has paid 37 claims in total ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... about 26% in Aussie shares and 31.5% in global shares. It allocates 8% each to infrastructure and cash, and has 8.5% in credit and 6.5% in property. About 5.5% is allocated to alternatives, while 6% is in defensive income. The super fund's Growth ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... launched 19 new funds and grown its assets under management by $3 billion. The most recent fund was an Australian Bank Credit ETF (ASX: BANK), which tracks the performance of the Solactive Australian Bank Credit Index and is Australia's first passively ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... Asia Funds Management and took on three Asia-focused retail strategies. The Spheria Australian Microcap Fund (15.6%), MCP Credit Trust (11.5%), and Palisade Renewable Energy Fund (11%) were some of the top-performing strategies. "As shareholders will ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... David Locke said. Personal transaction accounts were the most complained about products at 16,365, up 19% year on year. Credit cards registered 11,841 complaints, while personal loans and home loans drew in 7660 and 6913 complaints respectively. "We ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... strategies to balance growth and greater protection for Australian's retirement savings... Our strategists are picking credit, favouring government and investment grade corporates over riskier high-yield and emerging market securities," Watson said. ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
... banks are now being written by smaller participants in the market. What we're seeing is the continuing rise of private credit," he noted, describing it as a "second order impact from the Global Financial Crisis." Just recently, and for the first ...

MLC investment chief shares portfolio plans

ANDREW MCKEAN  |  THURSDAY, 25 JUL 2024
... implored that fixed interest not be viewed simply, as it includes more than just government bonds and investment-grade credit. "It's really a lot more than that," Farmer said. Different fixed income sub-sectors have "quite different characteristics," ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
The Federal Court has ordered Master Wealth Control, also known as DG Institute, to pay $5 million in fines for "making false and misleading representations" to customers in relation to its educational programs, Real Estate Rescue (PER) and Master Wealth ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
US-based investment manager Beaconsfield Capital has appointed McGrathNicol as receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options ...