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Showing 81 - 90 of 1924 results for "AUD"

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... Burggide said on LinkedIn. He added that "nothing prepared me for Lumiant - starting a business in COVID, raising $14 mil AUD, opening up in three countries and building it from no staff to 26 full-time. It busted me." Burridge is the chair of Treysta ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
ASIC continues to crack down on providers of contracts for difference (CFD), options and other high-risk products that flout their target market determinations (TMD), and design and distribution obligations (DDO). The newly published Report 770 Design ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... BlackRock is 25% cheaper than the nearest competing ETF in Australia, IUSG will be benchmarked to the ICE US Treasury Core Bond AUD Hedged Index. Through the fund, local investors will gain exposure to a portfolio of bonds issued by the US government ...

The evolution of governance structures

CASSANDRA BALDINI  |  WEDNESDAY, 30 AUG 2023
As superannuation funds develop and expand, investment governance structures must also transform, the super industry has heard. In a panel discussion at the Australian Institute of Superannuation Trustees ASI Conference, Australian Retirement Trust ...

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
Magellan Financial Group has again overhauled its executive ranks and board, in a move that will see it revert to an old model affecting the roles of chief executive and chief investment officer. Effective today, the group's chief executive and chief ...

Retail investors ready to dive back in: Survey

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
Australian retail investors are looking for new investment opportunities, with half of respondents looking to increase the scale of their investments in the next year, according to Chartered Accountants Australia and New Zealand (CA ANZ) latest annual ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
The Financial Services and Credit Panel reprimanded a financial adviser who inadequately assessed the consequences of rolling over superannuation and life insurance cover, labelled the panel's least serious disciplinary action yet. Keeping the adviser's ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The former chief distribution officer at Praemium is starting a new gig with Sequoia Financial Group, alongside two other new hires from ASIC and WT Financial Group. Martin Morris will commence as the wealth group's chief operating officer on August ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
The $2.7 trillion managed investment scheme industry is set for a shakeup as a new review is proposing changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... on opportunities identified in the US and Europe. The new fund is available via a traditional capital call or fully funded AUD feeder structure and is administered by Apex Group, with Equity Trustees as the responsible entity. To support the launch ...