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Showing 1191 - 1200 of 14449 results for "Long"

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025
DWS will pay $43 million (US$27m) to settle a long-running greenwashing case brought by Frankfurt prosecutors. In 2021, a whistleblower - former DWS group sustainability officer Desiree Fixler - came forward with claims the asset manager was making ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... of an intimate partner, sometimes through the weaponisation of the tax system, with impacts that can be "devastating and long-lasting" to survivors and their families, according to a report by the Tax Ombudsman. The report, which was created because ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... increased the capital penalty after first applying $500 million in 2019 and increasing it to $750 million last year. APRA has had long-standing concerns over ANZ's non-financial risk management practices and risk culture. These include weaknesses in ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... he called on investors to put the pressure on those who do not as part of their due diligence - which he said would go a long way in the fight to end slavery. "It's a real opportunity, I think, for investors to help shape the course of the debate ...

Russell Investments, Reach Alts team up to expand private market access

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... across transport, renewables, utilities, and digital infrastructure, which it said offers inflation-linked returns and stable long-term cash flows. It's now available on the Reach Alts platform. The fund has a minimum investment of $25,000 and offers ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
ASIC chair Joe Longo is keeping all options open before the corporate watchdog is forced to intervene in the private markets, he told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... continuing to deliver on a healthy investment pipeline, and we are excited by the large opportunity set underpinned by global, long-term trends such as the transition to a decarbonised and circular economy and the digitalisation of society," Homayoun ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
The Federal Court has approved the settlement amount of $3.54 million for Melissa Caddick victims who brought a class action against auditors that failed to detect fraudulent activities in their SMSFs. Michael Chapman, a director at Mackay Chapman ...

Brandes appoints new sales director for APAC

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... marketing, before leaving in 2018. Brandes Investment Partners Asia chief executive Anita Krishnamoorthy said the firm, with its long-standing footprint in Asia, is continuing to grow its business across APAC and strengthen its team. "The addition of ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
Breaches of the Life Insurance Code of Practice (the Code) increased for a fourth consecutive year, with life insurers reporting 14,670 instances of non-compliance, a 19% increase from the previous period. The Code, the industry's north star for good ...