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Showing 581 - 590 of 4886 results for "Debt"

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... the fund." Oricchio added that assets in the MLoan portfolio will be invested with a very conservative approach to private debt, meaning leverage in the region of three times EBITDA, and interest coverage in the region of six times the cost of data and ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... Otivo Superannuation report confirms that we need to be equipped with the ability to make informed decisions about savings, debt, mortgage, and rental stresses, investments and retirement planning," he said. Otivo chair Ian Knox said that legislative ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... counsellors said that clients have missed essential payments, cut back on essentials, or gone without essentials, to service BNPL debt. He added last year ASIC found that 19% of BNPL consumers showed two or more indicators of financial stress, such as ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... series, which invests in megatrends pertaining to demographic change, urbanisation and technology within real estate and debt. Nuveen managing director and head of Australia Andrew Kleinig said this is the exciting start of four new partnerships with ...

EG expands into private debt market

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
EG Funds and Msquared Capital have joined forces to offer investors the opportunity to diversify into the private debt market to service capital products for property sites across the country. Initially, the joint venture will engage wholesale investors ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... bond fund, it need only disclose the name of the fund manager, obscuring whether the investment was in Australian government debt, emerging-market bonds, and so on. If the external fund had exposure to a 'blow-up', such as Credit Suisse hybrids ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... endorsement" of the government's economic and fiscal strategy. "Our responsible budget management means lower deficits, less debt and savings on interest costs. Across our first two budgets, we are returning 87% of tax upgrades to the bottom line," he ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... a backlog in word processing causing a delay in the payment of maturing US Treasury bills. Further, he noted that the US debt ceiling has been raised 78 times since 1960, under both Republican and Democratic presidents. Still, Abad acknowledged the growing ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... portfolio management teams offer valuable insights to the research for selecting external managers, he said. The internal debt team plays a key role as well, managing counterparty risk and unlocking additional areas of value across the portfolio, including ...