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Showing 891 - 900 of 6016 results for "Credit"

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... been ordered to pay $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. The Court found that ANZ breached both the ASIC and the National Consumer Credit Protection Act by falsely ...

Apostle names global distribution lead

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... with institutional investors in Asia and the Middle East. Kouryialas will be responsible for distributing Apostle's Carbon Credit Fund, People & Planet Diversified Fund and Ethical Global Credit Fund, as well as offerings from external managers with ...

GPT appoints Charter Hall executive as new chief

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... Brookfield Asset Management for 11 years as its managing partner and chief financial officer. He also spent seven years at Credit Suisse as its director of investment banking mergers and acquisitions capital markets. "The board conducted an extensive ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... products are distributed to consumers appropriately." The regulator said that Bit Trade's margin trading product operates as a credit facility as it offers customers credit for buying and selling certain crypto assets on Kraken, a feature Bit Trade called ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
The two have joined forces to launch the Australian Credit Opportunities Fund, targeting wholesale and sophisticated investors. The new fund is a new unregistered, and open-ended pooled investment unit trust which provides wholesale investors with exposure ...

CFA Institute launches private markets, alternatives certificate

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... general or limited partner firms. The self-paced online certificate consists of courses covering private equity, private credit, real estate, infrastructure, commodities, and hedge funds. The program starts with an introductory course and progresses ...

Family offices feeling optimistic about 2024

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... comes to portfolio construction and management, family offices favour alternative asset classes, with private equity and credit, real estate, and hedge funds making up almost half (46%) of portfolios. Private equity allocations were identically sized ...

Causeway PM, H&G form joint venture

CASSANDRA BALDINI  |  MONDAY, 11 SEP 2023
... venture with ASX-listed Hancock and Gore (H&G) and introduce its offerings to the Australian market. The H&G Causeway Dynamic Credit Fund looks to offer a streamlined mechanism for borrowers aiming to pursue expansion opportunities or navigate challenging ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... service. ASIC said Thomas is permanently banned from performing any function involved within a financial services business or credit provider, or control, whether alone or with others, an entity that operates a financial services business or provides ...