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Showing 71 - 80 of 5250 results for "credit"

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... instalment reinforces the strength of our strategic partnership and their confidence in both our strategy and the private credit market," said Churchill chief executive Ken Kencel. "We believe we are currently in one of the most attractive investment ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
The Financial Services and Credit Panel (FSCP) made another registration prohibition order against a financial adviser who tried to recommend an SMSF and investment products that were not suitable to a client. Melbourne-based Stephen Rogers, a representative ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... the bank was fined $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. "ASIC will continue to take action against banks who fail in their duty to act efficiently, honestly and fairly ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
The Financial Services and Credit Panel (FSCP) has slapped a financial adviser with a "registration prohibition order" for being insolvent under administration. Timothy Leslie Anderson's registration as a relevant provider has been revoked from ...

IFM Investors appoints global head of strategy

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... officer at Holland Capital Management. Her experience also includes senior roles at Barclays Funds and Advisory, as well as Credit Suisse. Misra, who is based in London, reports directly to IFM chief strategy officer Luba Nikulina. She'll spearhead ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... In October, it partnered with iCapital to provide advisers access to global wholesale managed funds investing in private credit and hedge funds. Charles Badenach, principal and private client adviser at Main Street Financial Solutions, sees sophisticated ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... providers are stepping in with solutions such as levered unitranche structures to better serve borrower's needs. "Private credit mainly competes on flexibility for borrowers, and also offers relatively more pragmatic structures; these deals are usually ...

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... the insurer. In 2017, the corporate regulator permanently banned Fong from providing financial services or engaging in credit activities. Three years later, Fong was charged and granted conditional bail. While he initially attempted to appeal ASIC's ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... while funds are continuing to increase offshore holdings, they are also favouring unlisted asset classes, with private credit and unlisted international infrastructure the most favoured asset class, followed by unlisted property. This is in contrast ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... "Financial literacy is about more than being able to put together a budget; it extends to understanding how to manage a credit card to your advantage and being able to figure out the best way to make big purchases happen." Chambers said the research ...