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Showing 111 - 120 of 816 results for "Settlement"

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... has released a consultation paper on proposed rules to facilitate competitive outcomes in cash equity clearing and settlement (CS) services provided by the ASX Group. The corporate regulator's release of the consultation paper marks the first exercise ...

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Pacific Current Group (PAC) has offloaded Carlisle Management Company to a NASDAQ-listed alternatives asset manager. Abacus Life has agreed to acquire Carlisle in full. It will pay for the acquisition via a combination of Abacus bonds and common stock. ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $43 billion public sector fund has welcomed a former central bank deputy governor to its board, while Mercer Super has a new chair. Guy Debelle has joined the fund for South Australian government employees, bringing a tremendous depth of experience ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... $1 billion asset sales program, including the exchange and deposit received for 367 Collins Street, Melbourne, with settlement expected in July. Additionally, Mirvac has unconditionally exchanged a 66% interest in 55 Pitt Street, Sydney, to Mitsui Fudosan ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... offender's superannuation should be available for distribution to satisfy any civil claim, whether by judgement or settlement agreement," Carpenter submitted to Treasury. "As we have seen with certain high-profile offenders, investigations sometimes ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... $2 billion on-market share buy-back. However, the most recent sale proceeds will have no material impact on profit. Settlement is expected by June 5. At the time of writing, ANZ's share price was up 0.32% to $28.02, bringing its year-to-date gain to ...

PrimaryMarkets launches new financial adviser channel

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
PrimaryMarkets has launched a new channel aimed at making alternative investments more accessible to financial advisers and their clients. The platform affords advisers and their client's access to a spectrum of investment opportunities, including unlisted ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... shares to a range of sophisticated and institutional investors by way of a block trade at 59 cents per share. Following settlement of the sale of the shares, Crescent will still hold more than 225 million ClearView shares, representing approximately ...

Australia requires swifter settlement cycle: SIAA

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
Australia is at risk of getting left behind if it does not adopt the T+1 settlement cycle along with major global financial centres, according to operations experts who spoke at the Stockbrokers and Investment Advisers Association Conference (SIAA) ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... to manipulate the market by placing orders or trading close to the end of a trading session to influence the daily settlement price of a derivate contract. The MDP found that JPMSAL's failure to identify its client's trading as suspicious was "careless" ...