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Showing 61 - 70 of 471 results for "Tier"

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... introduced the Australian Major Bank Subordinated Debt ETF (ASX: BSUB) on the ASX. This ETF offers exposure to a portfolio of Tier 2 floating rate subordinated bonds issued by the Australian big four banks. To be eligible for inclusion in BSUB, bonds ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... diversified pool of high-quality loans, providing regulatory capital relief to the banking institution to maintain their relevant Tier 1 capital ratios. It will also provide exposure to flexible credit solutions with a wide remit to take advantages of ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... part of Suncorp's ongoing funding and capital management strategy. Suncorp is issuing the notes to raise Eligible Additional Tier 1 Capital, the proceeds of which will be used to fund the capital needs of the Suncorp Group and for general corporate and ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... lending institutions, and other financial services organisations. GBST also renewed a five-year contract with an Australian Tier 1 financial services organisation for its wealth management administration platform, Composer. Practifi chief executive Adrian ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
HUB24, which owns Xplore Wealth, Class, and myprosperity, surpassed the $100 billion milestone at the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' ...

Mercer Super recruits growth lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... advisers." Raynes spent 16 years with the US banking giant, with his time evenly split between looking after J.P. Morgan's top-tier institutional investors and running a debt funding business for its capital markets business. Most recently, as head ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
The final report from the government's Aged Care Taskforce suggests the amount paid by Australians accessing care should be determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... advice needs of Australians require a different approach. It said establishing a new category of "super firms" like the mid-tier model seen in accounting and professional services will be the future blueprint for successful advice businesses in the future. ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... billion global investment manager anticipates that the introduction of these strategies will solidify its status as a "top-tier debt provider" in the APAC region and augment the scale of investments per deal. Despite having been active in the private ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
Wealth managers are increasingly demanding better ways to access and utilise data from their custodians and expect advances in artificial intelligence (AI) to make this possible, according to BNP Paribas. "They want to know what we know and what we ...