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Showing 61 - 70 of 7773 results for "Retail"

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... its first court win in relation to cryptocurrency, with fintech Block Earner found to have offered a financial product to retail investors without a licence. However, it was a mixed outcome for the regulator, with another allegation quashed. The federal ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... Management, noting its purpose could "no longer be accomplished." The KFM Income Fund was Kaplan Funds Management's only retail offering.

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... classes of the fund, being Balanced, Growth, High Growth, and Conservative. The regulator said it made the orders "to protect retail investors from acquiring products under PDSs that may be defective and not worded and presented in a clear, concise ...

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... formally filed its class action against International Capital Markets (IC Markets) for 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 ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... decline, albeit at a slower rate, according to an Investment Trends report. The report, which surveyed more than 15,000 retail investors and traders in Australia, revealed a contraction to 1.22 million active online investors, a 5% reduction in the second ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
... to Zurich Investments, where he ran settlements and unit pricing before being promoted to head of manager research for retail distribution. Following a 10-year stint at the Swiss investment banker, Penprase spent the next decade as an assistant vice ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... movement of $3.7 billion. Most of the inflows stemmed from overseas at $3.1 billion and some $1.8 billion came from the retail channel. Domestic institutional net outflows amounted to $400 million. During the period, some of the standouts included Aikya ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
Equity Trustees has bolstered its books further, taking over as trustee of two more retail super funds. Equity Trustees' superannuation trustee business has been appointed trustee of ClearView Retirement Plan, while also adding Guild Super to its lineup ...

Real asset cycle likely to return: Dexus

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
... for real asset valuation as investors factor in a lower cost of capital," Dexus said. "Of the real asset sectors, office, retail and industrial are likely to be more sensitive to economic conditions than some other real asset sectors such as healthcare ...