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Showing 1071 - 1080 of 7222 results for "Record"

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
Former financial adviser Gavin Fineff has been sentenced to nine years in prison after a court determined he defrauded 12 clients $3.36 million. Fineff, who was working as a representative for Sentinel Wealth when the crimes took place, defrauded clients ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
Australia's superannuation sector is flourishing, with APRA reporting a record-breaking $163 billion in contributions for 2021-22. This growth was driven by a 9% uptick in employer contributions and a 23% increase in member contributions. Rainmaker ...

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
... Bain & Co's Asia-Pacific Private Equity Report 2023 explained PE funds turned cautious in 2022, ending two years of record dealmaking. "By midyear, an economic slowdown collided with mounting global and regional uncertainties to produce a perfect ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... Friday, the High Court refused the application. Mawhinney has said he is embracing the outcome as an opportunity to "set the record straight." "For more than three years I have been impugned, and Mayfair's noteholders left in limbo, while ASIC gets a ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
The number of superannuation complaints have slashed while those related to financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... implementation issues have emerged. A horde of financial advisers with extensive industry experience and a clean disciplinary record have left the industry, and potential new entrants are unable to meet the qualifications standard for technical reasons ...

Cadillac Fairview, Gateway launch $1bn fund down under

CHLOE WALKER  |  MONDAY, 17 APR 2023
... estate strategies. "We believe strongly in the urban industrial and logistics markets and are confident that our track record and deep experience in these markets will identify assets where we can add value to create attractive core assets and ultimately ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... Betashares chief commercial officer llan Israelstam, revealed industry assets under management ended the month at a new record high of $142.6 billion, primarily from asset value appreciation. Investor flows remained positive at $0.7 billion, or 25% of ...

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
An ASX-listed multi-boutique has quietly acquired Brookvine in the hope of expanding its network to alternative strategies. Associate Global Partners, formerly Contango Asset Management, acquired Brookvine for an undisclosed amount. Founded in 2001 ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
... "Healthcare companies are expected to make up a significant portion of the fund's portfolio given Crescent's strong track record in the sector, with the potential to make an impact in an area that has yet to address decarbonisation meaningfully," ...