Managed investment scheme operator AFSL cannedBY ELIZABETH MCARTHUR | FRIDAY, 12 JUL 2019 12:17PM
The Australian financial services licence of a Sydney-based managed investment scheme operator was cancelled by ASIC.Read more: ASIC, Australian Mutual, Jeffrey Worboys, Matthew Barnett, Courtenay House Capital Investment, Accelerated Trend Hedge Fund, Australian Pink Diamond Fund, Courtenay House Capital Trading Group, Danielle Press, Grange Capital Management Growth Plus Fund, John McIerney of Grant Thornton, Peter Krejci of BRI Ferrier, Said Jahani, Trident Global Growth Fund
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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