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Showing 941 - 950 of 4888 results for "Debt"

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... serviced 140 funds for 45 clients with funds under administration of US$5 billion. The settlement will push the firm's net debt by $4 million to $9 million, which was taken into account after releasing its December 2020 half-year results this morning. ...

Revolution hires to investment team

KANIKA SOOD  |  WEDNESDAY, 17 FEB 2021
The private debt boutique has added a former Challenger investor as a portfolio manager, and an associate portfolio manager from JANA. Steve Sutinen has joined Revolution Asset Management as a portfolio manager. He spent 21 years at Challenger, including ...

Super scammer permanently banned

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... from the defendant. ASIC also found that McSweeny had been involved in managing 14 failed companies. The total amount of debt owed by the 14 companies to creditors amounted to about $9.8 million. One victim of McSweeny, Lynn Gundrie, told Channel Nine ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
A die-hard Collingwood Magpies fan who, with his wife, scammed friends they met through the football club of over $1 million, has had success at appeal. Douglas Johnston, together with his wife Maureen Johnston, were found by ASIC to have run a dodgy ...

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... additions including a senior consultant from CitiBank. Jill Guan has joined Frontier as a senior consultant specialising in debt and currency. She has worked at CitiBank, HSBC and ANZ. Two other associate-level additions to the consulting team include ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... alternative asset platform Qualis Capital, offering sophisticated investors funds in private equity, real estate, private debt and hedge funds. In addition, the platform expanded its reporting capability by launching an integrated fact find facility ...

Kapstream wins JANA allocation

KANIKA SOOD  |  MONDAY, 8 FEB 2021
... been appointed to a multi-manager fund from JANA. Kasptream will manage a portion of the JANA Short Maturity Diversified Debt Trust, which JANA offers to its implementation clients. "Kapstream's been fortunate to serve a number of JANA clients over many ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... report said. Another fixed-interest product that felt the pain of illiquidity was VanEck Vectors Australian Subordinated Debt ETF (SUBD). Its spread to $100,000 jumped from eight basis points in the Normal Market Environment to 288 basis points-an increase ...

Macquarie makes telecoms bid

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... of $4.38. Vocus noted that the offer is still conditional on the satisfactory completion of due diligence, MIRA securing debt financing, a unanimous recommendation by the Vocus board and entry into a mutually acceptable scheme of implementation agreement. ...

Evergreen launches stress testing tool

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... marketplace." The GreenVUE tool will allow advisers to run portfolios through re-simulations of the global financial crisis, the Euro-debt crisis, the US credit rating downgrade, oil shocks and US recession, rising global interest rates, trade conflict ...