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Showing 1281 - 1290 of 6696 results for "Securities"

UBS AM hires insto sales director

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
... investment management of its Australian large, mid and small-caps funds to Yarra Capital Management and its properties securities fund to CBRE Clarion. UBS AM's small-caps team launched a new boutique named Eiger Capital. One of UBS AM's clients ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... traditional market making, an ETF issuer uses a third-party called a "market maker" who is tasked with buying and selling securities as people move in and out of the ETF. In return, the market maker gets to keep the difference on the securities' ...

HUB24 launches multi-currency functionality

KRISTI CHENG  |  THURSDAY, 25 JUL 2019
... function will be available within international managed portfolios, giving managers the option to settle international securities transactions and have international dividends paid in either foreign currency or Australian dollars. Foreign currency may ...

Keybridge shareholder threatens board spill

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
... invalid because it did not give enough notice to all investors. Aurora Funds Management won court orders against Primary Securities which tried to topple it as the responsible entity for a listed fund in a rogue shareholder meeting on January 15. In ...

Aussie income fund added to platforms

KRISTI CHENG  |  MONDAY, 22 JUL 2019
... comprised of dividends, distributions and interest, plus capital growth from a portfolio of global listed infrastructure securities." He added that the fund is ideally suited to the current environment of the late stages of the economic cycle because ...

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
... one of the many portfolio managers. Rege mispriced the investments of a private fund from June 2016 to April 2017, Securities and Exchange Commission orders said. As a result of this, the fund's net asset value sent out to investors in periodic statements ...

CPA, CAANZ designations approved

KANIKA SOOD  |  THURSDAY, 18 JUL 2019
... studies," FASEA chief executive officer Stephen Glenfield said. FASEA also approved certain graduate diplomas from Securities Institute/FINSIA and University for South Queensland, as following. University of South Queensland's 2002 to 2012 commencing ...

Nomura ordered to pay back US $25m

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
The giant's securities business has been ordered to pay back US $25 million to clients misled by its bond traders, in an enforcement action by the US corporate regulator. Many of Nomura's bond traders made false and misleading statements to customers ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... as pensioners' savings accounts and term deposits, managed investments, loans and debentures, listed shares and securities, and some income streams. In June, the Reserve Bank of Australia made the first round of rate cuts from 1.5% to 1.25%. It immediately ...

AMP Advice executive joins AFA

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... chief executive Philip Kewin said Coulter's extensive experience in financial services at AMP Advice (formerly ipac Securities) will make him an asset to the AFA. "Rob will be responsible for driving the AFA Partnerships strategy in order to develop ...