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Showing 1291 - 1300 of 34105 results for "Fund"

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
Platinum Asset Management shareholders have unanimously voted in favour of merging with L1 Capital to create a $16.5 billion entity. Some 99% of shareholders gave their tick of approval at the extraordinary general meeting (EGM) yesterday. This means ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... credit opportunities." It added that all the issues raised in the report are things Frontier has been working with its super fund clients on for several years now, having been informed by its own independent review of the private credit sector, both ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
The Federal Court has disqualified Queensland-based director David Hodgson from managing corporations for five years and permanently restrained him from engaging in financial services without an Australian financial services licence (AFSL). This comes ...

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... superannuation funds following a rapid decline in member accounts and funds under management. The Personal Choice Private Fund is being terminated and is expected to be wound up by 30 June 2026. All member accounts must closed by December. The fund offers ...

National decline in retirement confidence: AMP

ANGELIQUE MINAS  |  MONDAY, 22 SEP 2025
AMP has launched Retirement Confidence Pulse, a new barometer to measure how financially confident Australians feel about life after work. The inaugural score is a concerning 50/100. Amidst a cost-of-living crisis and spikes in household expenses, the ...

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... litigation funding experience collectively across Australia and international markets. The newly launched Ninety Mile Litigation Fund 1 commenced fundraising earlier this month and is structured as an unregistered wholesale managed investment scheme. ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... inconsistency in fees charged and they're not often disclosed, meaning some investors don't know the true cost of the fund. "Thinking about private credit business models, there is a question about the stability, during a downturn, of remuneration ...

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
ASIC has issued an interim stop order against the RELI Capital Mortgage Fund, a registered managed investment scheme operated by RELI Capital. The regulator said it is to protect consumers and retail investors from acquiring a product not suitable for ...

BT launches new low-cost investment menu

ANGELIQUE MINAS  |  FRIDAY, 19 SEP 2025
BT is launching 'Focus' on its Panorama platform, a new low-cost investment menu in partnership with Vanguard Investments Australia. Available from October, the menu is designed to assist financial advisers in delivering scalable, cost-effective platform ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... exceeded $75 million and $90 million respectively in FY25. L1 Capital runs five strategies, the flagship being the Long Short Fund, which earned performance fees of $82.5 million for the period. Platinum recently reported a 31% drop in adjusted operating ...