Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 6166 results for "Statement"

SQM vows to 'respectfully' defend ASIC case

MATTHEW WAI  |  TUESDAY, 18 NOV 2025
... 'favourable' ratings of the Shield Master Fund, SQM Research has confirmed it will defend itself against the allegations. In a statement overnight, SQM Research managing director Louis Christopher's said SQM "intends to respectfully defend the proceedings" ...

SQM Research faces court over 'favourable' rating of Shield

MATTHEW WAI  |  THURSDAY, 13 NOV 2025
ASIC is suing SQM Research over its 'favourable' rating for the Shield Master Fund, marking the first time the watchdog has acted against a research house. ASIC alleges that the research house failed to obtain information needed to properly ...

Global X to launch Japan TOPIX 100 ETF

MATTHEW WAI  |  WEDNESDAY, 12 NOV 2025
... title on the ASIC register on September 22. Further, details of J100 were displayed in Global X's product disclosure statement design and distribution obligations, published on November 4. The document highlighted that Global X has applied for units ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... sensitive matters are addressed through the multi-asset teams' Sustainability Assessment Framework," Pendal said in a statement. "For the Sustainable Balanced Fund, this process is implemented via our Active Ownership Panel, whose charter outlines ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... partners, recognising we fell short of the high standards they should expect from us in our communications," HESTA said in a statement. HESTA self-reported the incident to ASIC and paid the infringement notices on 3 November 2025. "Once we identified ...

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... million, with the formal settlement deed still pending. The settlement is without admission of liability, it noted. In a statement, Colonial First State said: "As the matter remains before the court, CFS is not in a position to provide further comment ...

RBA on hold but 'not as hawkish as feared'

ELIZA BAVIN  |  WEDNESDAY, 5 NOV 2025
... interest rates on hold at 3.6% at its November meeting, but economists were paying close attention to the tone of the statement released by the central bank. Betashares chief economist David Bassanese said while the decision to keep rates on hold was ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
... Corporations Act. It is understood that this was reported to ASIC in June 2024. FMPE has still not released an official statement regarding the accusations or proceedings. An additional court hearing is scheduled for December 2 of this year regarding ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
... investigation into the fund with respect to its compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. "Clime Asset Management Pty Limited is a wholly ...