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Showing 101 - 110 of 516 results for "Public Offer"

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
MLC Wealth chief executive Geoff Lloyd is making his biggest call since joining the group five months ago, slashing wrap administration fees to run one of the cheapest platforms in Australia. Additionally, Lloyd is lowering administration fees for the ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... advice will occur. It could happen in the for-profit sector it would mean offering limited personal advice, so that public offer superannuation funds, managed investment schemes and advisers associated with them would be able to provide general advice ...

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The New Zealand Superannuation Fund has awarded a $298 million (US$215m) risk-arbitrage mandate to a diversified international investment manager. Neuberger Berman won the customised mandate and its principal strategies group will oversee the investments. ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
A $3.6 billion public offer fund has made a number of fee changes to its superannuation and retirement products. WA Super has ceased charging an $80 exit fee and $80 withdrawal fee for its Retirement Solutions product from 5 November 2018. Members can ...

MetLife scores group insurance mandate

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... forward to working with Tasplan to deliver something really special for their members," Watt added. Tasplan is a public offer super fund open to members working across different industries.

ASIC provides relief for naked short selling

HARRISON WORLEY  |  TUESDAY, 9 OCT 2018
ASIC provided legislative relief to ETF market makers, alongside changes to short selling laws. With ASIC instruments due to expire, the corporate regulator issued a short selling instrument, which it said continues the effect of those instruments due ...

ASIC extends relief to foreign financial services firms

KARREN VERGARA  |  MONDAY, 24 SEP 2018
ASIC will allow foreign companies that provide financial services to Australian wholesale clients to continue without the need of an AFSL until 30 September 2019. The corporate regulator announced in June it was proposing a modified licensing regime ...

CFSGAM chief executive departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
The longstanding chief executive of Colonial First State Global Asset Management has resigned. After 10 years in the role, Mark Lazberger has announced he is leaving the $213 billion business. In the interim, chief operating officer Mark Steinberg will ...

Improve climate risk disclosure: ASIC

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
ASIC has called for improvements to the consistency of disclosure practices among Australia's listed companies. In ASIC Report 593, the corporate regulator found limited climate risk disclosure outside of the top-200 listed companies in Australia. ASIC's ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... boutique launched by former Macquarie stock pickers under Pinnacle's banner in May is set to kick off an initial public offer, raising up to $304.5 million for an absolute return LIC. Firetrail Investments lodged a prospectus with ASIC on Tuesday ...