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Showing 1111 - 1120 of 6694 results for "Securities"

AFSL pleads guilty to mishandling client money

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... in Australia, an AFSL is facing criminal prosecution for mishandling client monies, and has pleaded guilty. Pershing Securities Australia Pty Ltd (PSAL) pleaded guilty at the Downing Centre Local Court in Sydney to mishandling client monies after ASIC ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... decision creates further obligations on superannuation trustees already compliant with laws regulated by the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA)," the fund said. "With this ...

ASIC issues stark warning to retail investors

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... volatility who are not investment professionals. The regulator released a 14 page paper on how investors are trading in securities and contracts for difference (CFDs) during the COVID-19 volatility. ASIC found that the average daily securities market ...

Charter Hall kicks off $115m raise

ALLY SELBY  |  MONDAY, 4 MAY 2020
... plan for Australian and New Zealand shareholders. The institutional placement will be fully underwritten by JP Morgan Securities Australia and will represent 15% of pre equity raising units on issue, priced at $2.20 per unit. Australian and New Zealand ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... market volatility including a depreciation in the Australian dollar and decline in value of some of the underlying securities," it said. The wealth manager has also terminated the investment options in Wholesale Mezzanine (Class A) and FirstChoice Wholesale ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... whole, and the scenario implied by current pricing, is deeper and starker the more credit-intensive and complex the securities and sectors become." Aberdeen Standard Investments head of Australian fixed income Garreth Innes said investors and funds must ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... diversification and volatility insurance will be increasingly important for investors. "As rates remain lower for even longer, securities that can offer sustainable income even under tougher conditions will also become increasingly attractive," Doyle ...

Northern Trust touts new ESG tool to instos

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... future, we will look at alternative assets like private equity and real estate. They are a bit different [from listed securities in] transparency of the data and the details behind it," he said. Boccassini said the tool can be an addition to NT's investment ...

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... amid the COVID-19 market crash, with price discovery becoming increasingly more difficult. That's according to ETF Securities co-head of sales Kanish Chugh, who pointed to global equity vehicle iShares S&P 500 ETF as an example. The spread on this product ...

Frontier Advisors makes key appointments

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... consultants. Clark joins from QIC where he was senior quantitative strategist and portfolio manager for insurance linked securities. Bulfin had a 10 year career at Goldman Sachs as a macro trader and in treasury management before moving to Singapore ...