Chief executive calls for clearer distinction between Australian and global private credit
[ad_1] As interest in private credit investments grows, Pengana Credit CEO Nehemiah Richardson has called for a clearer distinction between Australian and global private credit due to their different risk and return profiles. That clarity will help investors avoid comparing…
Thematic ETFs in Australia show promising growth
[ad_1] Although a fraction of the scale seen in the US, the Australian market is tapping into major global trends with promising signs of growth. Thematic exchange-traded funds (ETFs) in Australia have seen flows of around $600 million in 2024,…
Expected US Fed rate cut sparks ASX surge, but caution advised
[ad_1] Upbeat economic data from the world’s largest economy and anticipation of its first interest rate cut in four years led to a rally on Wall Street, with the ASX also posting strong gains. US stocks rose on Friday on…
ETF strategies offer stability amid rising ASX shares
[ad_1] In 2024 the number of ASX delistings hit the high sixties, including high-profile exits such as CSR and Boral, which left the ASX in July after multi-billion dollar takeovers. As a result, index-tracking ETFs must remain vigilant with their…
Steady big bets in the asset management business despite recent disappointments
[ad_1] Perpetual previously revealed it would undergo a major transformation, with KKR set to acquire its wealth management and corporate trust divisions for $2.175 billion. Pending approval, this strategic move is expected to simplify Perpetual into an elegant debt-free multi-boutique…
Longo is pushing for strict compliance with the climate-related disclosure regime
[ad_1] Speaking at an industry event on Tuesday, he highlighted the regulator’s focus on mandatory climate reporting, which is due to become law after royal assent. The Treasury (Financial Market Infrastructure and Other Measures) Amendment Bill 2024, which sets out…
Gold prices expected to rise to $2,700 amid US rate cuts and geopolitical tensions
[ad_1] The strong upward momentum in gold prices could lead to new highs of around $2,700 by December, supported by interest rate cuts from the US Federal Reserve beginning this week. The metal rallied in 2024, driven by a weaker…
Fed’s big rate cut sparks debate: Economic concerns or strategic confidence?
[ad_1] The Federal Reserve officially kicked off an easing cycle with a massive 50 basis point interest rate cut, well above the 25 basis point cut expected by financial markets. Although the decision was not unanimous with dissent within the…
Economists are divided on the timing of rate cuts amid strong jobs data
[ad_1] The unemployment rate held steady in August at 4.2 percent, but employment growth remained ahead of market expectations of 47,000. While the consensus was for an unemployment rate of 4.2 percent, employment was expected to peak at 25,000. Commenting…
Pluralsight’s massive loss exposes flaws in private credit ratings
[ad_1] In an analysis published on InvestorDaily, Paul Mirren, managing director of Msquared Capital, said the fund’s investment in Pluralsight, initially labeled a private credit loan, turned out to be more of a venture capital gamble. “If it walks like…