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Showing 991 - 1000 of 16719 results for "Client"

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week. The two funds now reopen to investment are the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund. In addition, La Trobe Direct ...

First Sentier names chief executive

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
First Sentier Group has appointed Harry Moore to replace outgoing chief executive Mark Steinberg who steps down at the end of the year. "We are very pleased to make this an internal appointment. Harry brings significant experience from his various senior ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... process, and also make a goodwill payment to each of them. Together, the payments will equate to 100% of the net capital each client originally invested in Shield. It confirmed investors would receive payment by next week. Financial Standard understands ...

S64, Vista Equity Partners roll out unit trust

KARREN VERGARA  |  WEDNESDAY, 24 SEP 2025
S64 and Vista Equity Partners will launch an Australian unit trust (AUT) that provides exposure to global software and technology firms early next year. As first flagged in May, the partnership launched VistaOne in the Asia Pacific region. The new product ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
The failures of Shield Master Fund and First Guardian Master Fund has pushed governance to the forefront - particularly among wholesale investors, according to Magellan Financial Group. Sophia Rahmani, chief executive and managing director of Magellan ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... to its bond administration and custody. The funds fraudulently transferred to the account of a former employee "are not client funds, and the company is not aware of any client funds or assets being lost or removed from safe custody," IAM said. The fraudulent ...

Munro Partners adds institutional sales lead in Canada

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... than 25 years' investment and distribution experience, specialising in global equities. Most recently, he was co-head of client relations at Black Creek Investment Management. There, he also previously served as director of global equities. He's also ...

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... shareholders with exposure to a growing, scalable and well-diversified investment management business with a diversified client base across institutional, wholesale, high-net-worth and retail investors in Australia and globally." If the merger did not ...

Colonial First State partners with MST Financial

ANGELIQUE MINAS  |  TUESDAY, 23 SEP 2025
Colonial First State (CFS) has partnered with MST Financial to create a platform that empowers advisers to deliver better insights to clients. With MST Financial, CFS will debut Sandstone Insights, a premium research platform. This program will equip ...