Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 4044 results for "October"

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... offering contracts for difference to retail investors. The law firm began investigating the potential for a class action in October 2023. Now filed, the action alleges IC Markets has engaged in misleading, deceptive and unconscionable conduct in its ...

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... others. Smith and Kirkman are very familiar with the case, having worked as investigative accountants and as receivers since October last year. The Court was directed to key findings outlined in a report Smith and Kirman lodged on January 24, which stated ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... McLay chose not to engage with the board despite numerous offers. McLay was the chair of Clime between February 2015 and October 2020. Since his resignation, the firm has suffered several board changes that included convening an EGM to oust Neil Schafer ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... bullish on fixed income as net inflows totalled $34.2 billion (US$22.2bn) in 2023. "A market rally that began in late October is already generating significant gains for investors who were brave in the turbulent weeks that went before. For example, the ...

Unlicensed crypto investor faces jail time

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... superannuation fund (SMSF), and to roll over their existing superannuation into the SMSF and invest it with his company. In October 2021, ASIC secured court orders against Hala prohibiting him from disposing of, dealing with, or reducing certain assets. ...

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... manager, where we add value by identifying unique situations and actively managing assets for the benefit of investors." In October last year, MA Financial dropped $20 million on the Batemans Bay Marina and the Port Macquarie Marina for its marina fund ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Defence Force (IDF) which it said was "an aggregate amount that is material to the company" since the Hamas attack on 7 October 2023. This left about 1200 civilians dead (revised from the initial 1400 estimate), according to US research institute the ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest rate swap transaction with a consortium made up of the superannuation giant ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... director of its real estate capital solutions team. Global Credit Investments' (GCI) real estate offering, which launched in October, specialises in delivering credit solutions to business owners, property investors, and property developers. In his new ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... Future Fund, assuming the position on February 4. Reemst joined the Future Fund Board of Guardians for a five-year term in October last year. The government also appointed Nicola Wakefield Evans and Rosemary Vilgan as part-time members of the Future ...