February
WAM hires eight brokers for $400m IPO
Street Talk understands Wilson Asset Management has tapped Taylor Collison, Morgans Financial, E&P Capital, Ord Minnett, Canaccord Genuity and Commonwealth Securities.
How to decide the best super strategy for you
Superannuation can be structured – and restructured – to suit individual account-holders.
WAM fires up brokers for $400m IPO; Westpac legend on board
Wilson declined to comment, however broker sources told this column a deal to raise as much as $400 million is poised to launch.
ASIC puts defensive $150b private capital sector on notice
The corporate regulator expects more money to pour into unlisted assets and private credit, and has warned of growing risks to the wealth of ordinary people.
Private markets dragged out of the shadows by corporate cop
ASIC is eyeing the future of investing and hellbent on keeping public and private markets on a level regulatory playing field.
PIMCO’s top bond fundie in Australia bows out
Despite his retirement as a managing director, Robert Mead will continue as the firm’s Australia chairman and as an adviser.
How to build a portfolio using just three ETFs
It is possible to create a simple yet powerful portfolio with a handful of low-cost, exchange-traded funds.
S&P threatens to downgrade states as it runs out of patience
“This is your last warning,” is the main message from the ratings agency to big-spending state governments, says a Westpac interest rate strategist.
Debt funds run wild on the ASX as equity funds go friendless
The listed investment fund market is a tale of two asset classes: equity funds are very much out of favour while debt funds are thirsty for income and bringing in money.
January
What interest rate cuts will mean for your money
February is firming as the month that the Reserve Bank will cut the cash rate, which will have flow-on effects for shares, property and term deposits.
December 2024
Fixed income brokers prepare for a ‘gold rush’
A surprise decision by regulators to phase out major bank hybrids has sparked a race to fill the void and meet a growing demand for income.
D-day for bank hybrids draws a line under divisive APRA process
The prudential regulator is due to give the market an update on whether it will kill bank hybrids. Some people wonder whether it has gone too far.
October 2024
Ex-Goldies duo sign US merchant bank for private credit push
Street Talk can reveal McMurdo and Walsh’s Privatus Capital Partners has signed an agreement with New York’s BDT & MSD Partners.
Four things investors must know before leaping into private credit
Private credit is a newly accessible asset class for retail investors, but there are potential traps for the unwary as not all private credit is the same.
UniSuper withdraws Tanarra Credit Partners’ mandate; dealmaker resigns
The industry fund has yanked a multimillion-dollar private debt mandate as it seeks to consolidate its private credit strategy towards the bigger end of town.
September 2024
Coronado hires three banks for $US400m debut high-yield bond
Coronado’s B+ rating is firmly in the so-called “junk bond” territory.
Challenger-backed Ardea IM battles redemptions; co-founder exits
The Ardea Real Outcome Fund, has shrunk from $10 billion three years ago to $4.3 billion at the end of July, according to publicly available documents.
Former Macquarie star bets on private market reckoning
Private equity investor Ben Brazil is ready to swoop on what he thinks will be an imminent wave of distress, and to profit from those who got in over their heads.
Where to invest as bank hybrids disappear
Investors have enjoyed juicy yields on bank hybrids but will need to find alternatives after APRA announced the securities would be phased out by 2032.
Why APRA will kill off bank hybrids for good
Australian bank hybrids have been a popular and reliable source of income for investors. But APRA says their time has come.