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Showing 161 - 170 of 6512 results for "shares"

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... previous name APC Securities. ASIC's doubts surfaced following Sutton's conduct in making offers of investment in unlisted shares via McFaddens to Australian and overseas investors in companies including Steppes Alternative Asset Management, Trinus Impact ...

Smart beta ETP market share matures: Morningstar

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
... largest smart beta ETP in the Australian market, with $2 billion in assets. It was followed by the Vanguard Australian Shares High Yield ETF (VHY) and the VanEck Australian Equal Weight ETF (MVW), with $1.8 billion and $1.2 billion respectively.

BUSSQ dumps fixed interest, shares options

JAMIE WILLIAMSON  |  WEDNESDAY, 28 JUN 2023
... close two of its options last month. The $6 billion industry super fund has closed its Diversified Fixed Interest and All Shares investment options, citing lack of member demand. According to Rainmaker Information, the BUSSQ Diversified Fixed Interest ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... failed to define key concepts. The funds in question were the Advance Balanced Multi-Blend Fund, Advance International Shares Multi-Blend Fund, and Advance Property Securities Multi-Blend Fund. Together, they hold about $4.2 billion in assets. The orders ...

Forrests boost Minderoo by $5bn

CHLOE WALKER  |  WEDNESDAY, 21 JUN 2023
Andrew and Nicola Forrest donated 220 million Fortescue Metals shares to their own philanthropic foundation, Minderoo. The bequest of nearly $5 billion - about one-fifth of their shareholding - takes the foundation's endowment to about $7.6 billion ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... part of a targeted campaign against the fund's $2 billion exposure to fossil fuels. As at 31 December 2022, Santos shares made up 0.49% of Rest's MySuper option Core Strategy, a spokesperson said. "We are an active owner and believe that engaging ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... Council has stepped in to secure a 3% stake in the transaction. Challenger will transfer 4.5 million out of the 24.8 million shares due to be issued to ADIC. The sale price was originally agreed at $41.8 million and then reduced to $37.7 million. Challenger's ...

Banned adviser told to stay put

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... investments. Specifically, between 2015 and 2021, Ridgway recommended clients invest in a range of international unlisted shares sourced by McFaddens Securities, a Sydney-based firm with connections to the UK. The shares included pre-IPO companies like ...

Former Big Un executive smacked with insider trading charge

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... allegations surfaced that it was paying commissions to a financial entity that was providing loans to shareholders purchasing its shares. The company was liquidated in 2019 after internal audits revealed an unstainable loss-making operation with $50 ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... appear on the Unitholder Register." Additionally, ASIC said, Fox represented that he had gifted investors equity through shares in Pleasure Point Mine. However, investors did not appear on the Pleasure Point Mine Shareholder Register and did not receive ...