Banned spruiker James Mawhinney is linked to a new fixed income promotion that boasts a matching list of businesses to Mr Mawhinney’s fizzled investment group Mayfair 101.
Provide Capital is targeting retirees and self-managed superannuation funds as potential customers by asking them to lend at least $250,000 in return for interest rates ranging from 4.25 per cent and 7.95 per cent. The term period for the borrowings goes from as little as six months to 10 years.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
