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

Search Results

Showing 641 - 650 of 6016 results for "Credit"

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... ASIC said. Simultaneously, ASIC has cancelled the ASFL of Colleen Hennequin, an accounting firm, on July 10, as well as credit licences of the following members: George Frossinos (credit licence number 391981). Licence cancelled 20 August 2024. J F Consultancy ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... shows that ASIC cancelled 29 AFSLs and suspended 28. During the year, it granted 280 new AFSLs. In granting an AFSL or credit licence, ASIC said it may force additional regulatory outcomes such as modifying or imposing additional conditions. It can also ...

Longreach distribution lead exits for new role

ELIZABETH FRY  |  FRIDAY, 11 OCT 2024
... years' experience in the financial services industry. He has worked at Rothschild Asset Management, BT Financial Group, Credit Suisse Asset Management, Aberdeen Asset Management and Peters MacGregor Capital Management a value-based international ...

ETF winners and losers in September

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
VanEck has revealed last month's best and worst performing exchange-traded funds (ETFs), as the industry hits $220 billion. The highest returns came from the VanEck China New Economy ETF, which climbed 21.4%, followed by the iShares China Large-Cap ...

Hamilton Lane debuts private markets infra fund

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... 2019 and now has five funds across multiple strategies. The new offering follows the recent launch of the manager's Senior Credit Opportunities Fund (SCOPE) in Australia. SCOPE, which has been available elsewhere for about two years, is an all-weather ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... Australian shares, international shares, private equity, infrastructure, and fixed interest. It also reduced its exposure to credit and cash holdings. The MySuper Balanced option saw investment fees increase from 0.50% to 0.52% p.a. while transaction ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... or above 50%." Other "bright spots" for active performance were in the fixed income space. The report found that lower-credit and less-liquid bond broadly outperformed. "Since both are often seen as sources of potential excess returns, it may not be ...

Global Capital Property to be wound up

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
The Federal Court ordered the wind up of Global Capital Property Fund (GCPF) shortly after director Joel Hewish was banned from working in the industry for 10 years. The hearing on October 3 appointed FTI Consulting as liquidators to GCPF after ASIC ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... "insufficiently restrictive". Members noted that the easing in financial conditions over prior months and the pick-up in credit growth have made that scenario "somewhat more plausible". The board also discussed what scenarios could require the cash rate ...

AustralianSuper expands US footprint, names executives

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... $342 billion super fund promoted Mikaël Limpalaër as the head of Americas, having served as head of European private credit since 2020. Limpalaër was previously the director of real estate lending at Aeriance based in London and held senior positions ...