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Showing 1061 - 1070 of 4750 results for "July 2007"

L1 Capital launches activist fund

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
L1 Capital is launching a new Australian equities fund that seeks to unlock company value via shareholder activism. The Catalyst Fund, which launches on July 1, will be led by James Hawkins, who joined L1 Capital as a partner in March. The high-conviction ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
An ASX-listed financial services firm will acquire Sentry Group for $7 million and add 155 authorised representatives to its books. WT Financial Group (WTL) announced today that upon completing the takeover, it will have some 275 financial advisers ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
The federal government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
AMP Capital has announced a new chief executive, replacing Boe Pahari who stepped down in August last year. Shawn Johnson has landed the top job. He was previously senior managing director and chairman of the investment committee of State Street Global ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
Audits of defunct stockbroker Halifax have resulted in the first criminal charges ever laid in Australia for failure to comply with auditing standards. EC Audit and its director Robert Evett have been charged with breaches of auditing standards and ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
"The demand picture has shown clear signs of improvement." So declared Saudi Arabia's oil minister Prince Abdulaziz bin Salman as the OPEC+ group of oil producing nations met and decided to gradually increase oil production in July. The OPEC+'s ...

BlackRock unifies offering, rejigs executives

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
BlackRock Australia is combining its client business and iShares teams to deliver whole of portfolio solutions to clients, reshuffling its executives in the process. According to the investment giant, the bringing together of the teams will bring a ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
Except to reinforce its message that interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings ...

NZ Super bolsters leadership

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
NZ Super has announced a new general manager, portfolio completion to oversee the implementation of its reference portfolio. The Guardians of New Zealand Superannuation, the entity which manages the NZ $57 billion fund, promoted George Crosby to the ...