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Showing 1061 - 1070 of 5506 results for "September 2012"

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
The Federal Court has frozen the funds of a suspected investment scammer and ordered the winding up of two unlicensed financial services businesses, upon referral from the Australian Securities and Investments Commission (ASIC). The Federal Court has ...

360 Capital moves to acquire Evans Dixon

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
ASX-listed firm 360 Capital Group is proposing to takeover Evans Dixon shortly after its founder and managing director joined the embattled firm. The firm announced it wants to acquire Evans Dixon (ED1) via an off-market takeover, taking its 19.55% ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Elanor Investors Group announced it has acquired the Woolloongabba Community Health Centre for $37 million. Elanor said the acquisition was made through its Elanor Healthcare Real Estate Fund reflecting a 6% capitalisation rate. This marks the third ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
The wholesale vehicle of a $3.3 billion concentrated equities strategy managed by Perpetual's Paul Skamvougeras was downgraded to bronze at Morningstar. The Perpetual Wholesale Concentrated Growth Equity Fund invests in 20 to 45 Australian stocks, chosen ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... a reading of 48.0 in October from 47.7 in the previous month but the services PMI deteriorated to 46.6 from 46.9 in September - the weakest in three months. Still, growing cases in infections in the country could prevent the L-shaped recovery in Japan ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
ASIC deputy chair Daniel Crennan has resigned following revelations his remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
Pendal Group has hired an IFM Investors executive director as its new head of institutional for Australia which has $19.8 billion in assets. Nicki Ashton will start in the role on November 9 and report to Pendal's head of Australian distribution ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
IOOF's head of fund operations has farewelled the group after more than two decades. A spokesperson for IOOF has confirmed the departure of Steven Sorraghan, head of fund operations. His leaving marks the end of a lengthy career with the group, as Sorraghan ...

QInsure ramps up claims technology

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
QSuper's insurance arm has upgraded its systems in an effort to streamline the claims management process. QInsure has moved from FINEOS's Claims system to the Claims SaaS edition on the Dublin-based firm's platform. The insurance claims ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
AMP has reported a tough September quarter that saw several clients exit, leaving many business units with lower cash flows. The latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of ...