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Showing 61 - 70 of 5250 results for "Credit"

Blackstone appoints co-chief investment officers

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... investment officers and group heads to provide additional firm-level investment oversight, primarily across real estate and credit and insurance. Meantime, Assant will work in conjunction with the other chief investment officers and group heads to provide ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's first carbon exchange in ...

Natixis IM subsidiary hires head of sustainability

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... client portfolio manager. Before Natixis, she worked at Crédit Industriel et Commercial (CIC) in 2000 as a risk manager for credit products. At Flexstone, which manages some $10 billion in assets, Boussem reports to managing partner Eric Deram. "Flexstone's ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
... traditional 60-40 stock-bond portfolio to a 40-30-30 stock-bond-alternatives, with a diversified mix of private equity, private credit, and real assets could increase annual returns 80-100 basis per year with 50-75 basis points less volatility." This ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... complainant can apply for is $1.263 million, which was previously $1.085 million. For small businesses and primary producers, a credit facility cannot exceed $6.317 million -previously $5.425 million. These limits apply to consumers or small businesses ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
ASIC has prolonged its product intervention orders for short-term and continuing credit contracts in a bid to protect vulnerable retail investors. The orders, which were first implemented in July 2022, will now be extended until 1 October 2032, or until ...

BlackRock grows private credit business

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
BlackRock has upped the number of private credit specialists in its antipodean team by recruiting a Nomura operative. Based in Sydney, Stephen Allan has been appointed head of Australasia and will lead the origination and sourcing of private credit ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... receivership alone, in the order of 35 to 40 cents in the dollar. For a Ponzi scheme that is quite a remarkable result and a credit to the receivers." Mackay Chapman acted on behalf of one client during the receivership of Maliver and Caddick's property. ...

IFM Investors appoints diversified credit leads

ELIZABETH FRY  |  FRIDAY, 15 DEC 2023
IFM Investors has made a few significant changes to its Australian diversified credit team to help drive growth in the asset class. The industry fund-backed investor has appointed Lillian Nunez and Hiran Wanigasekera as co-heads of the business. The ...

Former AMP adviser banned by ASIC

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... has prohibited former AMP Financial Planning (AMPFP) adviser Darron Mink from providing financial services or engaging in credit activities for five years. Mink, who was also the sole director of Newcastle's Pinnacle Financial and Investment Services ...