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Regulatory

ASIC takes MFS Group to court

BY COMPANY RELEASE | MONDAY, 2 NOV 2009 11:55AM

The regulator has started civil proceedings against the former executives and officers of MFS Group and its three subsidiaries for alleged transactions that breached responsible entity laws.

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Editor's Choice

Is demand for active ETPs genuine beyond outlier conversions?

KARREN VERGARA

As the active exchange-traded product (ETP) market continues to grow, new Rainmaker Information research asks whether demand has genuinely improved or if it is underpinned by conversions from three investment managers delivering "three exceptional months of work"?

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