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Showing 1071 - 1080 of 8316 results for "Launch"

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... Praemium's strategic measures, including the development of its Investor Directed Portfolio Services (IDPS) set for a 2024 launch, and operational transformation review that's expected to yield cost savings. Praemium expects a considerable uptick ...

Macquarie brings long-awaited ETFs to market

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... of actively managed ETFs in Australia, offering a listed access point to its managed funds. In a statement, MAM said the launch provides local investors with the transparency and convenience of an ETF structure and access to its global active management ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... entities are feeling the pinch. AMP announced that it will commit $60 million and partner with UK firm Engine by Starling to launch the technology platform to house small business owners' transaction and savings accounts. "AMP Bank's near-term ...

Scarcity Partners brings private equity investment model to Australia

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
Scarcity Partners has launched a private equity investment model that enables investors to take direct equity stakes in investment and asset managers at the General Partner level. The Scarcity GP Access Fund, founded by asset management executives ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
Since its inception, the Australian Financial Complaints Authority (AFCA) has clawed back $1.2 billion in compensation and refunds for more than 400,000 consumers and small businesses. Reaching its fifth year in operation, AFCA explained its efforts ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... master platform. Lombard Odier global head of strategic alliances Vincent Magnenat was pleased to announce the Australian launch of the firm's flagship strategy, aimed at generating measurable global climate impact and capitalise on "green alpha" ...

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... include specific related mandates. Notably, Hintze will hold onto his Directional Opportunities Fund and use the asset to launch a separate firm and continue as its manager. CQS will continue to be led by chief executive Soraya Chabarek, senior partner ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... in Australia and wholesale investors in New Zealand only, with Equity Trustees as the responsible entity. The unit trust launch follows the partnership between Mantis Funds and Adelaide-based specialty financial services provider KeyInvest.