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Showing 721 - 730 of 6016 results for "Credit"

Ausbil reshuffles distribution team

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
Ausbil Investment Management's head of wholesale distribution will retire after 17 years with the firm, leading to changes in the sales team. Hik Chadirchi will leave at the end of the month. As a result, the active equities investor's institutional ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... returns as the funds outperformed their benchmarks. "We have been increasing our exposure to private debt and diversified credit, which have delivered high and consistent returns, and our funds benefitted from a very strong stock selection in international ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... Australian shares, international shares, private equity, infrastructure, and fixed interest. It also reduced its exposure to credit and cash holdings. AustralianSuper also updated its fees and costs for investments and transactions, impacting the overall ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
GigSuper, the superannuation fund designed for the self-employed, has entered voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... from managing corporations for five years and banned him for 10 years from providing financial services and engaging in credit activities. He has been banned from leaving the country since mid-2023. ASIC found that Guildfords breached obligations under ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
... private alternatives capabilities - currently manages US$320.5 billion in private alternative strategies across private credit, real estate equity and debt, private equity, and agriculture. PGIM said Greyling's hire reflects its commitment to strengthening ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... property owners have benefited from property price rises, more defensive assets such as fixed income, and particularly private credit, can deliver more attractive yields than residential property and even fully franked shares. That's important because ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... administrator and custodian Apex Group to support its growth ambitions. The commitments have been made by Carlyle's global credit business and Goldman Sachs Private Credit, committing to Holdco PIK Notes of Apex. Both are already invested in Apex, having ...