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Showing 91 - 100 of 2028 results for "Let"

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
ASIC is attempting to liquidate responsible entity Falcon Capital, wind up the First Guardian Master Fund, as well as impose a receiver and manager to director David Anderson's personal property. The regulator has put into motion the applications ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... advantage" of as much opportunity as it can, especially as super funds continue to diversify their investments. "We try not to let the grass grow under our feet. We're constantly engaging with the market, having meetings, explaining our technology ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
After its much derided rebrand did little good, abrdn will add back the three vowels it removed from its name in 2021. Overnight, it was announced that abrdn will be renamed aberdeen group and trade as aberdeen. In April 2021, Standard Life Aberdeen ...

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
US President Donald Trump has moved forward with tariffs on Mexico and Canada while doubling the 10% tariff imposed on Chinese imports in February. Canada and China have introduced their own retaliatory measures, further escalating trade tensions. Canadian ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

PGIM inks joint venture for 20 Bridge Street

JAMIE WILLIAMSON  |  THURSDAY, 13 FEB 2025
PGIM Real Estate is partnering with Anton Real Estate Partners to acquire 20 Bridge Street in the Sydney CBD - currently home to the ASX. Bought via the PGIM Real Estate Asia Pacific value-add strategy, the building is close to Circular Quay and key ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
Rest is the latest fund to botch its handling of insurance - this time for incorrectly charging uninsured members for coverage - adding to a growing pile of industry failures. Rest's mishandling comes as other major superannuation funds have been caught ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Securities and Investments Commission (ASIC) has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... said. ASIC said it was focused on the changing dynamic between public and private markets, and superannuation members being let down by their fund and trustee and identified issues which undermine market confidence and lead to poor investment decisions ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...