A new series of notes will be issued by Centuria Capital No 2 Fund and listed on the ASX in a bid to raise $100 million. A statement by Centuria, an ASX-listed specialist investment manager with around $10.2 billion in funds under management in property funds and investment bonds, said...
Metrics Credit Partners has reached an agreement to purchase the Australian corporate and acquisition finance loan portfolio of Investec Australia. Investec Australia CEO and country head, Milton Samios, said: “We are pleased with this development as it will ensure local corporates continue to be served by a highly regarded local...
Ardea Investment Management, one of Australia’s largest fixed income investment managers, has launched a long-running relative value fixed income fund for the European market. A statement by Ardea says its Global Alpha fund targets positive returns that are independent of interest rate moves and market volatility that may impact conventional...
The corporate regulator has warned firms need to do the right thing by their investors after companies in the Mayfair 101 Group were found to have made statements that were false, misleading or deceptive in advertisements for its debenture products. A statement by the Australian Securities and Investments Commission (ASIC)...
The Reserve Bank is prepared to make adjustments to its bond purchases as required after announcing it would double its buying of longer-dated government bonds to $4 billion. At its meeting today, the RBA Board decided to maintain the current policy settings, including the targets of 10 basis points for...
BetaShares’ latest review shows the Australian ETF industry continues to grow and reached yet another new record high of $97.3B at the end of February. The company said in its report: “The industry’s market cap grew by a relatively subdued 0.5% for the month to reach a new record high of...
PIMCO, one of the world’s most powerful bond fund managers, is reportedly preparing to list its fixed income funds as active ETFs in Australia. The Financial Standard is reporting PIMCO has now applied to ASIC for approvals on listing at least three fixed income funds on the exchange. The three funds...
Moody’s Investors Service and Fitch Ratings have downgraded Oracle's Long-Term Issuer Default Rating (IDR) after the high profile multinational computer technology corporation sold US$15 billion of bonds on Monday. Fitch Ratings downgraded Oracle's IDR to 'BBB+' from 'A-' while Moody’s downgraded it two levels to Baa2. Fitch also assigned a 'BBB+'...
Over the last couple of weeks, global bond markets experienced levels of volatility not seen since March last year when the pandemic hit. The moves in yields were severe, rocking bond investors as prices fell precipitously, and bond funds globally recorded negative returns for the month of February. While Australia tends...
Alternative exchange Chi-X Asia Pacific has been acquired by U.S.-based Cboe Global Markets from its current owner J.C. Flowers & Co. LLC for an undisclosed amount. Chi-X Asia Pacific, headquartered in Hong Kong, has its core operations in Australia and Japan, with Chi-X Australia being the second largest securities exchange...

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