ASIC ramps up enforcement action

Australia is losing out to the global market and increasingly to Asia when it comes to renewables lending from one of the country's biggest fund managers, with IFM Investors executive director and co-head of APAC diversified credit Hiran Wanigasekera saying the risk-return trade-off is simply better ...

GQG Partners recorded net outflows of $3.3 billion (US$2.3bn) in September, extending a difficult year for the ASX-listed fund manager despite positive investment performance across its four primary strategies.

Mason Stevens managing director, global investment service has wrapped up his seven-year tenure at the company.

The Australian Securities Exchange said it plans to defend the claims submitted by one of its shareholders on ASX's behalf, stating the applications filed are "not in the best interests of the company."