Private credit has been gathering pace both globally and in Australia, growing rapidly as businesses start to recognise the unique benefits of private lending and the opportunity that changing conditions in the banking sector provides. Speaking with The Inside Adviser, Managing Director and Head of Private Credit at Northleaf Capital Partners, David Ross, said Australia’s…
The Australian Financial Complaints Authority, the external dispute resolution group of which all financial advisers must be members, this week announced significant changes to their assessment process of new complaints. A wide-ranging review of the group highlighted issues occurring due to the actions of so-called ‘paid advocates’. These includes debt management and credit repair firms…
Ruffer LLP’s single strategy approach, which is a multi-asset class, diversified fund seeking to deliver consistent returns and limit drawdowns in every market cycle is increasingly rare in an environment dominated by thematics. The group has long been advocating for portfolios to be more prepared for inflation and an unwinding of the stimulus that has…
In their latest quarter fixed income outlook, titled ‘Investing Through Inflation and Growth Uncertainty’ global asset manager Neuberger Berman has flagged somewhat of a non-consensus view on the outlook for inflation, growth and fixed income assets. As the title suggests, the group is expecting the one-way street of falling bond yields to result in a…
In an update from Sarah Abood, CEO of the Financial Planning Association (FPA), confirmed the message from members on fees had been ‘loud and clear’. Members have railed against the additional ‘Marketing Levy’ since it was applied several years ago suggesting this should be caught in the normal FPA budget. The FPA has responded by…
The move away from so-called ‘growth stocks’ which began in Q3 2020 is set to continue, with the winter for ‘value investing’ set to thaw according to Colin Graham of Robeco’s Muti-Asset team. Writing in a monthly update Graham highlighted the switch to financials, energy and materials which began once Covid-QE was brought to an…
Government policy continues to lag private markets when it comes to the energy transition, with Federation Asset Management’s latest deal to buy two battery assets a sign of the things to come. The fast growing group which seeks to invest across private equity, venture capital, real assets and energy with a sustainable focus has picked…
The Financial Planning Association (FPA) has outlined its policy platform, or target areas for the next Federal Government. The industry body plays an important role in lobbying for change, highlighting that it does not wish to pre-empt the potential results of the Quality of Advice Review or the ALRC’s review of the Corporations Action, rather,…
Demand for venture capital (VC) has soared in recent years amidst expectations for more muted public-market returns. Late-stage VC sits between VC and traditional private equity (PE), and is focused on backing the rapidly growing segment of already-successful companies with established market share, and typically exhibiting $50 million or more in revenue. “The number of…
“If you ask 100 engineers how much steel and concrete are required to build a bridge, and 99 engineers say x amount of steel and y amount of concrete, and one engineer – just one – says half of x and half of y, I think there’s probably more chance of falling pregnant via wind…
