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Showing 521 - 530 of 4886 results for "Debt"

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... regulatory requirements, providing one of the most compelling risk/return investments." 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 ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... 95% of opportunities because we are 'selective' in choosing those to whom we lend," he said. The number of private debt products being rolled out to local investors also shows no signs of slowing. Muzinich and Co's MLoan recently came to ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... potential to transmit stress on households and other businesses. This is due to their larger workforce, higher levels of debt and increased interlinkages with other businesses via trade credit. According to the RBA, insolvent firms tend to have unsecured ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... settlement is expected to occur in late December 2023, with net sale proceeds applied to the partial repayment of drawn variable debt facilities. In June, GARDA recorded a statutory net loss of $4.934 million after tax for the year. The decline included ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... responsible action for a government to take is to liquidate, in an orderly manner, the holdings of the Future Funds and pay down debt. "With every additional dollar of Commonwealth debt accumulated and every interest rate increase, the case for closing ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... approach, the option excludes tobacco, controversial weapons, and nuclear weapons. GESB also excludes any equity securities or debt issued by Russian companies or the Russian government. However, this dedicated option takes the exclusions further. With ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... acquire its MFA business, subject to working capital adjustments, with plans to allocate the net proceeds toward retiring debt. Prior to the announcement, Iress conducted a detailed review aimed at increasing profitability and improving shareholder returns. ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... million over the life of the $1 billion mandate. Another unnamed insto committed $750 million into the Qualitas Construction Debt Fund II in August. In the same month, Qualitas secured a second commitment of $700 million from a subsidiary of the Abu ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... report said. Notably, over half of the surveyed insurers (51%) intend to grow their investments in government bonds and agency debt. However, despite attractive yields in public markets, the report highlighted that 89% of insurers plan to increase their ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
After ignoring an Australian Financial Complaints Authority (AFCA) determination, which was then escalated to the Federal Court, NextGen Financial Group is now in the process of winding up. WJ & V Drakoulis Super, the trustees of the SMSF that sued ...