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Showing 1101 - 1110 of 5197 results for "SEEK"

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
ASIC has commenced the first ever court case against a financial product distributor for alleged breaches of design and distribution obligations (DDO). The regulator commenced the civil penalty action in the Federal Court against Firstmac Limited following ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The government is proceeding with a legislative amendment to exempt Australian subsidiaries of the Future Fund board from corporate income tax. Currently, the Future Fund board is exempt from income taxes, but this exemption doesn't extend to its ...

Apex Group wins fund services mandate

CASSANDRA BALDINI  |  THURSDAY, 15 DEC 2022
Apex Group has announced its appointment by Kayne Anderson Rudnick Investment Management LLC (KAR) to service its global small cap fund. The financial services provider will act as fund administration and handle transfer agency services for the Kayne ...

Global X launches global carbon ETF

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... will contribute to the growing investment case for carbon allowances. "We are witnessing a watershed moment as investors seek out climate-focused investment opportunities, but do not want to compromise on potential returns," he said. "GCO2 is an innovative ...

Alphinity bolsters research capabilities

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... this, he has extensive experience in driving change and automating investment processes, all of which we will lean on as we seek to outperform for our investors."

JPMorgan Asset Management launches sustainable ETFs

CHLOE WALKER  |  MONDAY, 12 DEC 2022
JPMorgan Asset Management has launched two active sustainable ETFs on the ASX. The JPMorgan Climate Change Solutions Active ETF (T3MP) invests in companies that the global asset manager believes are poised to benefit from growing demand for climate ...

ASIC abandons $500k SMSF threshold

ANDREW MCKEAN  |  FRIDAY, 9 DEC 2022
ASIC has updated guidance on SMSF advice, deciding to remove $500,000 as an indicator of the "appropriateness of advice" to establish a SMSF. ASIC hasn't opted to nominate a minimum threshold but said fund expenses are proportionality higher, and net ...

Global pension report reveals flight to safety

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... 12-24 months. More than 40% of respondents expect to increase allocations to real estate and infrastructure assets. They will seek to drive returns with more investment in private equity too. This report also finds that GPFs are getting more active and ...

Centuria, Morgan Stanley launch $181m partnership

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
Centuria Industrial REIT is partnering with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI). The partnership, known as the Centuria Prime Logistics Partnership (CPLP), will see the MSREI vehicle acquire a roughly 50% ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
OnePath Life will face ASIC in Federal Court over failures while handling a mental health claim. In 2016 a customer took out an income protection policy with OnePath Life through an ANZ financial adviser based in Grafton, New South Wales. OnePath Life ...