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Showing 591 - 600 of 5848 results for "Short"

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
Perpetual is backing a new strategy from Kapstream Capital, securing an undisclosed seed amount in the fund that invests in securitised warehouse financing, a form of private debt. Following its February 1 launch, the Kapstream Private Investment Fund ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
The financial advice industry will be forced to pay $18.5 million to fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... billion in 2024-25. The market for financing farming operations is dominated by Australian banks that typically provide short-term, floating rate loans, but PGIM said it sees an opportunity to provide an alternative with 10-to-15-year long-term, fixed ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
Lower fee-paying clients are severely affecting financial advice practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
Ontario Teachers' Pension Plan Board reported a meagre 1.9% net return for 2023, falling short of its 8.7% benchmark, translating to a $15.8 billion negative value add. This contrasted with a modest 4% return in 2022, which surpassed its benchmark ...

Centuria raises $50m for new fund

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Road and Pacific Drive, up to 10.9-metre clearance, four on-grade and two recessed docks and a c.1,500 sqm hardstand. Its short 2-year WALE provides a value-add opportunity to generate positive rent reversions in line with market asking prices today," ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... taking aim at just about everyone and everything. Speaking on the partnership, Page said: "The last 26 years has been nothing short of extraordinary, marked by resilience, shared goals, and unwavering commitment." "It has been an honour working with ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... "TPD is a crucial safety net for those experiencing severe and long-lasting impairments, however its binary framework falls short in addressing the complex needs of Australians who experience temporary disability through injury or illness which is increasingly ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
Iress saw its share price skyrocket 15% as speculation swirled that a global private equity firm is keen on a buyout. An article in the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... Australian private debt has and continues to pay a premium over other major developed markets, including Europe and the US. "In short, this is a scarcity premium," the report said. "There is simply less big money in the Australian private debt sector ...