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Showing 621 - 630 of 6011 results for "Credit"

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
The corporate regulator is suing Oak Capital, alleging it deliberately circumvented the National Credit Code by writing loans to companies it knew were for individuals before repossessing their homes when they couldn't repay. Oak Capital is a private ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
An unnamed global investor is seeding Barings' first Australian private credit vehicle, committing more than $230 million. Barings has launched two APAC credit funds, including the Barings Australian Private Credit Fund. The fund is for institutional ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Qantas Super announced changes to its Cash option, updated its exclusions criteria, and lowered investment fees for members. The Cash option's objective is to achieve a return after tax and investment fees equal to the Bloomberg AusBond Bank Bill ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... experience and our established process. On top of that, they benefit from the in-depth research conducted by FIIG's own credit research team," FIIG Securities chief executive Alex Welch said. "We are delighted to be selected as the responsible entity ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... fairness or bias. Many also don't have policies governing the disclosure of use of AI; only 10 did. AI is commonly used in credit decisions and management, marketing, fraud detection, insurance claims, it found. Still, ASIC found licensees' had ...

amicaa head of distribution exits

ELIZABETH FRY  |  MONDAY, 28 OCT 2024
Jeremy Gordon has quit amicaa Investments after just four months with the credit specialist that teamed up with global buyout firm Carlyle. A spokesperson for amicaa confirmed his departure and said the groups is looking for a new sales head. "We have ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... and a liquidity crisis (51.3%) were seen as the biggest threats to fixed income investing. In this environment, private credit (48.8%) and investment grade corporate debt (42.5%) were highlighted as the biggest investment opportunities within the fixed ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... commercial real estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. In June, HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator ...

Australian Ethical awards front office mandate

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... role a few months ago, manages the private markets portfolio across private equity, infrastructure, real estate, private credit, and venture capital. He will also explore private markets product solutions for wholesale and institutional clients. Roberts ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... pay an Australian Financial Complaints Authority (AFCA) determination on June 28 led to the cancellation of its AFSL and credit licence as the Compensation Scheme of Last Resort (CSLR) had to step in and compensate the consumer $19,429.60. "Where the ...