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Showing 1081 - 1090 of 7099 results for "June 2006"

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

Market manipulator pleads guilty

STAFF WRITER  |  FRIDAY, 10 JUN 2022
Benjamin Heath Cooper has pleaded guilty to conspiring to manipulate the share price of a resources company in 2015. ASIC alleged that in November 2015 Cooper conspired with former Quantum director Avrohom Kimelman and another to manipulate Quantum ...

HSBC wins ETF Securities mandate

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
ETF Securities has awarded a mandate for a range of services, including fund administration. The mandate covers middle-office, custody and fund administration services administered by the Australian provider of ETF Securities. The firm says it selected ...

Hamish Douglass returns to Magellan

CASSANDRA BALDINI  |  THURSDAY, 9 JUN 2022
Hamish Douglass is set to return to Magellan in a consulting capacity from October. In doing so, Douglass is giving up his permanent role, effective June 15. The Magellan board today made the ASX announcement, declaring the return of Douglass who stepped ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
The corporate regulator obtained interim orders from the Federal Court to freeze the assets of Sasha Hopkins and two of his companies, alleging he was misleading clients and running a financial service business without a licence. ASIC alleges that Hopkins ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The Australian Competition and Consumer Commission is delaying its decision on the proposed acquisition of Link Group by Dye & Durham Corporation, which was expected this week. The ACCC was due to announce its decision on Thursday, June 9. It will now ...

Qantas Super invests $2bn in Calvert, Goldman Sachs

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Qantas Super has announced a $2 billion investment in Calvert Research and Management and Goldman Sachs Asset Management to reduce its carbon intensity. The corporate super fund hopes the partnership with Calvert and Goldman Sachs will help it achieve ...

Magellan shares punished after FUM drop

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
In an update to the ASX this morning, Magellan Financial Group reported that its funds under management dropped $3.6 billion in the month to May 31. Magellan's funds under management now sits at $65 billion, down from $68.6 billion at the end of April. ...