This Month
- Opinion
- Chanticleer
Euro summer madness is making markets look extreme
It’s easy to forget what day-to-day life looks like on the other side of the world at the moment. But it is an important part of the market sell-off story.
- Anthony Macdonald
July
- Opinion
- Chanticleer
The grand dame of Australian financial services is making a comeback
MLC is showing signs of life – with an earnings upgrade – and is the face of Insignia’s fightback story. If it wins, the company and its 53,000 shareholders win too.
- Anthony Macdonald
Private credit jumps 45pc in five years and is threatening banks: Citi
Risk-averse major lenders have created a “structural” change in the market by staying away from indebted companies and commercial real estate, analysis says.
- Updated
- Aaron Weinman
- Exclusive
- Private equity
Blackstone, ANZ join forces to target rich families in volatile world
The pair launched a new fund that puts a higher price on alternatives in today’s more “volatile” investment landscape.
- Aaron Weinman
Why this economic downturn will hit harder than the GFC
Two decades after spinning out of global firm KPMG, insolvency and advisory firm McGrathNicol has seen the rise and fall of corporate titans and economies.
- Max Mason
June
Deutsche Bank trades its Adgemis debt; kicks off Gemi talks
Street Talk understands major lender Deutsche Bank has traded positions in five assets to US private credit group Muzinich in recent weeks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Why the super-rich family office boom is luring imposters
Wealthy clans in Singapore and Hong Kong are trying to weed out suspected fakes drawn to growing family offices and looking to “make a quick buck or hustle”.
- David Ramli, Lulu Yilun Chen and Claire Ballentine
UBS boss hails banking ‘trifecta’ as Swiss lender seals merger
The Asia-Pacific region is increasingly important for the bulked-up bank, and moving its global wealth head to the region has buoyed its Australian leader.
- Aaron Weinman
- Exclusive
- Property market
Ray White founders seek investors for $1b lending bonanza
The White family is seeking to raise $400 million for its second credit fund, which will provide loans to developers. It has already lined up $841 million of deals.
- Larry Schlesinger
TPG hires industry heavy hitters for $1.5b fund; eyes 3.2-times money
Former Telstra chief executive Andy Penn has signed up to lead the $1.5 billion TPG Emerging Companies Asia Fund’s efforts in new economy and cyber sectors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
JPMorgan private banker exits after 10-plus years
JPMorgan’s private bank targets individuals with more than $25 million in investible assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
The world’s oldest privately owned bank is unrepentantly nepotistic
C Hoare and Co has been run by the Hoare family for 12 generations, who cater for a select group of wealthy individuals.
- Claire Alfree
May
- Exclusive
- BOSS
How Geoff Wilson assembled his investment dream team
Philip Lowe, Jennifer Westacott, Mike Baird, David Paradice, Andrew Forrest and Solomon Lew are among the heavy-hitters who have joined Geoff Wilson’s charitable mission to raise money for kids.
- Patrick Durkin
Di Pilla’s HMC buys Payton Capital in $5b private credit push
HMC has appointed the former head of Macquarie’s US principal finance business in New York to run the new strategy.
- Joshua Peach
Perpetual board faces fiery analyst call as $2.2b KKR deal lands
Oh, to be a fly on the wall at the offices of Washington H. Soul Pattinson!
- Sarah Thompson, Kanika Sood and Emma Rapaport
Macquarie Technology founders cash out; E&P Capital on trade
Stockbroker Evans and Partners crossed two lines of stock in the ASX-listed data centre operator after-market on Monday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘Twenty-five times salary’: Goldman scraps bonus cap for bankers
Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.
- Eir Nolsoe and Michael Bow
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
April
KKR seeks to resolve 11th-hour hurdles ahead of Perpetual break-up
The Perpetual board was eager to update the market at its third quarter update on Wednesday but was body blocked by its advisory team.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
The funds management shakeout is on – is it about to get worse?
First Sentier’s David Allen gave up the game when announcing what was probably the biggest ever strategy closure in Australian funds management earlier this week.
- Anthony Macdonald