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Showing 601 - 610 of 6704 results for "CRED"

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
Pinnacle Investment Management delivered a "flawless" performance in last six months, according to an analyst, across several metrics that include funds under management (FUM) jumping by 55% to $155.4 billion. FUM growth was backed by $6.7 billion of ...

Coller Capital launches first-of-its-kind strategy

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
Several months on from debuting its private equity secondaries fund, Coller Capital has unveiled the Coller Private Credit Secondaries Fund for individual investors in Australia. Catering to high-net-worth investors, the "first of its kind" fund will ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
Despite being dropped from the Senate program today, the Better Targeted Superannuation Concessions Bill could soon be a reality, with the government needing to secure just one more supporter. The Bill was supposed to be debated in the Senate today ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
A financial adviser who failed to provide appropriate superannuation contribution advice has been ordered by the Financial Services and Credit Panel (FSCP) to undertake further education. The adviser, referred to as "Mr. D", provided advice that led ...

PIMCO debuts local ETF suite

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
PIMCO has marked its entry to the Australian ETF space with four new active offerings, providing institutional-grade fixed income opportunities to local investors. The PIMCO Global Bond Active ETF (PGBF), PIMCO Diversified Fixed Interest Active ETF ...

Monroe Capital sets up shop in Australia

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
Monroe Capital will expand its platform to Australia with the appointment of Galen Fu as director, business development. Fu will be based in Sydney and will be responsible for client servicing and capital raising across Australia. Monroe said Fu has ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
The Future Fund has delivered an investment return of 12.2% - boosting its value to by $26 billion to $237.9 billion as of 31 December 2024. Total funds managed by Future Fund, including across its other investment funds, rose to $304.5 billion. In ...

Perennial appoints co-head of private investments

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
Perennial Partners has appointed Luke Fay as co-head of Perennial Private Investments, as the firm strengthens its private markets capabilities. Fay will commence immediately and be based in Perennial's Melbourne office. Fay joins Perennial from Artesian ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
A former financial adviser from Western Australia has pleaded guilty to five charges related to misappropriating $1.03 million of client funds. Anthony Torre was charged with five counts of stealing and eight counts of fraud in June 2022 following an ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
As new estimates show that financial advisers will have to fork out $70 million to fund the Compensation Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial ...