Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 631 - 640 of 4886 results for "Debt"

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... something other than investment performance. Instead, they are adding value in areas such as budgeting and cashflow management, debt, superannuation, tax, Centrelink, retirement planning, estate planning and aged care, Desktop Broker found. Additionally ...

New head of private debt at QIC

ELIZABETH FRY  |  FRIDAY, 24 FEB 2023
The Queensland government investor has recruited Simon La Greca as global head of private debt, replacing Andrew Jones who stepped down from the role this month. La Greca joins from Ares Management where he was a partner and head of infrastructure debt ...

The unprecedented economic forces shaping the world

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... notes that the deflationary pressures that have been present for the past 30 years are still with us, and that addiction to debt levels and financialisaton still play a primary role in the determination of economic policy. The combination of deteriorating ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... growth areas across the business and inflationary pressures. Diving deeper into the Pendal acquisition, Perpetual has drawn debt of $769 million, with undrawn facilities of $75 million. At an analyst briefing, Adams said management was not a believer ...

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
... "a great public-private partnership". "Through engaging lessons, we can teach students how to manage their finances, avoid debt, and how to make informed and wise choices that will benefit them throughout their lives," he said. Research shows that students ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... Absolute Return Strategies Fund, launched in 2009 and with $16 million in FUM, and the abrdn Emerging Market Local Currency Debt Fund, which was launched in 2019 and has $13 million, will also be closed. Again, abrdn said neither fund is expected to ...

AOF sells Sydney property for $80m

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2023
... million, Australian Unity said. The sale is expected to settle in March and, upon completion, will leave the AOF with no drawn debt and more than $40 million cash. "This strong balance sheet provides a platform to continue to advance AOF's near term ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... having last year reported a statutory loss of $252 million. The profit was largely driven by the sale of its infrastructure debt platform to DigitalBridge and partly offset by $68 million in previously flagged impairments and $90 million in costs associated ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... rates and lower employment." However, not everyone was convinced. Senator McKim fired back, saying Australians took on mass debt following Lowe's recommendation that interest rates were unlikely to rise until 2024. McKim highlighted that Lowe also ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
QIC has secured loans in PRP Diagnostic Imaging (PRP) and The Entertainment and Education Group (TEEG), saying private debt is "one of the steadier ships for investors to sail on". The senior secured loans form part of arrangements exceeding $1 billion ...