This Month
How this fundie’s best career call shapes Schroders’ funds
Adam Kibble made a cracking investment decision before the GFC by being “really pre-emptive”. He’s now trying to do the same for the $1.6 trillion money manager.
The quiet death of Mayfair 101 founder’s ASIC conspiracy theory
A Federal Court judge has ruled that James Mawhinney’s $1.6 billion Dunk Island vision was not only fatally flawed, its collapse could not be blamed on ASIC.
May
MA Financial teams with Sumitomo Mitsui, Monroe for $1.7bn US play
MA’s head of credit says smaller lenders that have rushed into private lending may struggle to survive amid a need for diversification.
FIIG Securities sold to Nomura Research’s AUSIEX
FIIG made $25.7 million revenue in the 2024 financial year, and two years ago was subject of a circa $27 million hostile bid from Income Asset Management.
April
Bond rout shakes investors as world’s safe haven loses its appeal
The turmoil in US government bonds overshadowed deep losses on the sharemarket, as traders were left wondering if this was “the end of exorbitant privilege”.
Passive investors are smashing active ones – except in one key area
One of the fastest-growing asset classes in Australia is also a rare happy place for active managers. We explain why.
March
Metrics in the middle of a private credit storm
The private credit pioneer has won support from big funds, brokers, advisers and research consultants, but its rise has divided opinions.
Metrics hits back at critics, says there’s plenty of money flowing in
The private credit giant held a conference call with investors after a big financial planner recommended advisers sell their funds.
Donald Trump delivers the 60/40 strategy’s biggest test in decades
For years, balancing stocks with bonds was a comforting failsafe for investors. The tumult gripping Wall Street has created questions about its effectiveness.
Oaktree-backed financial advice roll-up AZ NGA inks $345m debt deal
Global investment giant Barings acted as joint lead arranger on the facility which saw Ares and Macquarie enter the debt stack.
Trump trades his sharemarket obsession for bonds
The leader of the free world once took delight in the level of the S&P 500. Now his focus has shifted to the bond market as a true marker of confidence.
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.