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Showing 91 - 100 of 3676 results for "February"

Platinum staffers join Merlon Capital

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... appointments come as Merlon takes over the distribution of its investment products direct to investors at the end of February. Last July, the firm bought out the minority stake in the business held by Fidante.

Colonial First State loses private markets manager

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... within the fund's multi-asset team. The financial services giant said Daniel Cheang's last day with the firm was February 14. Cheang's exit has triggered a flurry of social media posts by CFS head of private equity and unlisted assets Chloé ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... dishonestly transferred funds from two of his clients' self-managed superannuation funds (SMSFs) to his own businesses between February and March 2015. The companies included Thrive Lending, Trade BTC, and Beta Pharmacology, and Grimm was the sole director ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... This is a marked change. We're going back to a period we have not seen since the pre-World War II," she said. On February 1, Trump announced a 25% tariff on imports from Canada and Mexico, and a 10% tariff on China. What will potentially eventuate ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... (SGH) and Ruffer have closed due to lack of investor interest. The SGH Ex-20 Australian Equities Fund was terminated on February 3 for failing to reach its required scale and retain and attract the desired number of investors. SGH assumed investment ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... s921L(1)(c) of the Corporations Act 2001. Meilak's registration prohibition as a relevant provider was effective from February 10 until after 10 February 2027. Meilak was an authorised representative of Lionsgate Financial Group between August 2011 ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... providers to be registered before providing personal advice to retail clients about relevant financial products by 16 February 2024. Financial Advice Association Australia's Phil Anderson told Financial Standard last year that the newly introduced ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... funded by a fully underwritten equity raising of approximately $287.9 million; it is expected to be completed in mid-February following the completion of an associated capital raise. The ASX-listed company aims to capitalise on the surging managed accounts ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... banned by ASIC for stealing close to $2 million in client funds, including family members. The banning took effect on February 5, with Queensland-based King currently in prison after being convicted on two charges of fraud in relation to the misappropriation. ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... dependent on a capital raising - being withdrawn. The decision to enter administration follows a move by Yowie Group on February 6 to formally demand Keybridge repay a loan of $4.48 million as well as the outstanding interest of $80,000. Yowie demanded ...