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| | | ... about 26% in Aussie shares and 31.5% in global shares. It allocates 8% each to infrastructure and cash, and has 8.5% in credit and 6.5% in property. About 5.5% is allocated to alternatives, while 6% is in defensive income. The super fund's Growth ... |
| | | | ... launched 19 new funds and grown its assets under management by $3 billion. The most recent fund was an Australian Bank Credit ETF (ASX: BANK), which tracks the performance of the Solactive Australian Bank Credit Index and is Australia's first passively ... |
| | | | ... Asia Funds Management and took on three Asia-focused retail strategies. The Spheria Australian Microcap Fund (15.6%), MCP Credit Trust (11.5%), and Palisade Renewable Energy Fund (11%) were some of the top-performing strategies. "As shareholders will ... |
| | | | ... David Locke said. Personal transaction accounts were the most complained about products at 16,365, up 19% year on year. Credit cards registered 11,841 complaints, while personal loans and home loans drew in 7660 and 6913 complaints respectively. "We ... |
| | | | ... strategies to balance growth and greater protection for Australian's retirement savings... Our strategists are picking credit, favouring government and investment grade corporates over riskier high-yield and emerging market securities," Watson said. ... |
| | | | ... banks are now being written by smaller participants in the market. What we're seeing is the continuing rise of private credit," he noted, describing it as a "second order impact from the Global Financial Crisis." Just recently, and for the first ... |
| | | | ... implored that fixed interest not be viewed simply, as it includes more than just government bonds and investment-grade credit. "It's really a lot more than that," Farmer said. Different fixed income sub-sectors have "quite different characteristics," ... |
| | | | The Federal Court has ordered Master Wealth Control, also known as DG Institute, to pay $5 million in fines for "making false and misleading representations" to customers in relation to its educational programs, Real Estate Rescue (PER) and Master Wealth ... |
| | | | US-based investment manager Beaconsfield Capital has appointed McGrathNicol as receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options ... |
| | | | ... respectively, according to Equity Trustees. Equity Trustees general manager Johnny Francis noted an increase in private credit and debt funds, with many of these feeding into unregistered wholesale funds. "Investors have recognised that non-bank lenders ... |
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