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07 May 2025 by Jasmine Siljic

Australia marked as ‘priority’ by Apollo with new asset-backed finance offering

US alternative credit manager Apollo Global Management views Australia as a “priority market”. Local investment manager Channel Capital announced ...
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NAB reports $3.58bn in cash earnings, share price rides optimism wave

The bank’s share price has jumped on Wednesday morning following the release of its financial results for 1H25

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MA Financial joins US$1.7bn JV to tap US middle market

A local alternative asset manager has joined forces with a US-based specialist lender and a Japanese financial giant to ...

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Regulator cracks down on ‘multiple and significant’ breaches at Macquarie Bank

The corporate regulator has taken further action against Macquarie Bank, citing “multiple and significant” compliance ...

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Obsolete or evolving? Industry leaders clash on future of 60/40

The traditional 60/40 portfolio model, long a cornerstone of diversified investment strategies, is increasingly under ...

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ASIC mulls ‘thoughtful’ capital markets submissions amid calls for regulatory restraint

As stakeholders continue to publish their responses to ASIC’s consultation on capital markets, ASIC deputy chair Sarah ...

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An investment view on climate change - Column

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By Charlie Corbett
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1 minute read

Separately managed accounts (SMA) provider Direct Portfolio Services (DPS) has appointed Angela Tennant as institutional relationship manager.

Tennant joins from Zurich, where she was a senior research analyst. "The SMA segment is now attracting a lot of interest, particularly among the major platform providers, and we see Angela's appointment as crucial to developing this market further", DPS chief executive Tracy Byrne said. In July, financial services company First Capital Group bought DPS for $14.6 million. DPS has two main offerings: DirectPortfolio manages SMAs for direct investors and has $190 million under management, and ShareInvest II for financial advisers, which has around $50 million in funds under management.