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Showing 91 - 100 of 2366 results for "Majority"

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... financial advice sector, which is primarily made up of small businesses. "It is yet another cost on advisers, the vast majority of those who are doing the right thing but must pay for the ASIC enforcement costs with respect to the misdeeds of those who ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... a sector that currently makes no contribution at all to consumer compensation under the CSLR. "In contrast, the vast majority of those paying these levies run excellent compliant small businesses - 92% of advisers work in firms with 10 or fewer advisers ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... managed funds. Doing so would see the replacement of many directors on the board of Elanor Funds Management Limited, with a majority independent board to be appointed. A new responsible entity would be appointed for the Elanor Investment Fund, with the ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... the processing of applications and withdrawals from the fund subject to some limited exceptions. Since that time, the majority of investors have been unable to access their funds. On 24 February 2025, the Federal Court made orders freezing the assets ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... Management Industry produced in conjunction with CREATE-Research, lays out many issues facing asset managers, with the majority (61%) citing the threat of passive investing as a key challenge. More than half of the 269 global asset managers surveyed ...

TWG Global to acquire LA Lakers: Reports

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... in Mubadala Capital, TWG Global will reportedly acquire the LA Lakers for US$10 billion. The Buss family will sell the majority ownership in the LA Lakers to TWG Global and retain a minority stake, according to multiple outlets. The late Jerry Buss ...

Perennial Partners buys Melior stake

MATTHEW WAI  |  MONDAY, 23 JUN 2025
Perennial Partners is buying a majority stake in Melior Investment Management and will take over management of its flagship impact fund. Under the agreement, the Melior brand will transition to Perennial, and the Melior investment team will increase ...

Geopolitical risks force family offices into alternatives, cash: Survey

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
... find themselves in "risk-management mode" as more than two-thirds (68%) are scrambling to diversify their assets. The majority (84%) said the current geopolitical uncertainty is the most important issue for them and is a critical factor in their capital ...

Link Wealth acquires boutique advice firm

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
... expansion is continuing to progress, acquiring financial advice firm Xponential Advisory a few months after taking a majority stake in Sky Advisers. The acquisition will see the integration of more than 185 client families across Australia into Link ...

Alternatives high on the radar to escape Trump's tariffs: Fidante

MATTHEW WAI  |  THURSDAY, 5 JUN 2025
... announcements, forcing some advisers to pivot. "This was an unexpected jolt, but advisers largely stayed the course with the majority expecting client allocations to Australian and US equities to remain steady as they assessed how volatility would play ...