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Showing 761 - 770 of 6147 results for "credit"

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 ...

Citi Australia snags J.P. Morgan executive

MATTHEW WAI  |  WEDNESDAY, 23 OCT 2024
Citi Australia has appointed Elizabeth McAlpine as chief risk officer and head of corporate credit risk. McAlpine has over two decades of experience in risk management and corporate banking. She enjoyed a 20-year stint at J.P. Morgan, where she was ...

Dinimus appoints new head of distribution

ANDREW MCKEAN  |  TUESDAY, 22 OCT 2024
Private credit fund manager Dinimus has filled its newly created head of distribution role. The firm, which is focused on corporate lending in Australia and New Zealand, has hired Nigel Credlin, who most recently served as a partner and wealth advisory ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... will likely deliver higher returns that cash in case yields fall and cushion any equity market correction. "Australian credit offers a reasonable spread over and above already elevated government yields," Morningstar said.

My Dealer Services appoints head of strategy

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... advisers' problems." My Dealer Services provides support for businesses and individuals to set up their Australian credit licence (ACL) and Australian financial service licence (AFSL). It currently provides around 100 subscribed ASFL clients with ...