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Showing 1291 - 1300 of 6696 results for "Securities"

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities and Exchange Commission brought charges against the institution for routinely overbilling clients between 1998 and 2015. The ...

Xplore Wealth launches new solution

HARRISON WORLEY  |  WEDNESDAY, 3 JUL 2019
... provide clients with the advanced benefit of a consolidated view of investments, access to managed funds, international securities and portfolio rebalancing under a single instruction." Brook added the wrap solution would complement the firm's existing ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... Management took over the management of its Aussie equities funds and CBRE Clarion took over the management of UBS Property Securities Fund. UBS AM's small caps team launched a new boutique named Eiger Capital. One of UBS AM's clients for Aussie ...

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
... different infrastructure projects and other underlying assets," the PDS said. The fund will invest across loans and debt securities, listed and unlisted equities and cash. One Managed Investment Funds is the responsible entity of the fund, and Future ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
... 2018, the FCA engaged with Link in connection with two breaches of the 10% limit on the maximum proportion of unlisted securities held within Woodford Equity Income Fund. Following our engagement, these breaches were each notified to us as resolved within ...

Legalsuper expands member service capability

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... help build the fund's capacity in data science and interpretation. Wigney worked as a senior business analyst at FIIG Securities for eight years before moving to legalsuper. Prior to FIIG, he was based in the UK, working across global investment banks ...

International firm acquires advice group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2019
... advice group with more than 120 advisers on its books is to be acquired by a major Canadian wealth manager. Patersons Securities is being purchased by Canaccord Genuity via its Australian operations, Canaccord Financial Group. As a result, Patersons ...

GAM names local institutional business director

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... superannuation funds in GAM's product offering, including its GAM Systematic alternative risk premia and insurance-linked securities, which continue to see positive net flows, the fund manager said. Wallis spent six years as a Brookvine director ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... Australian Custodial Services Association stats for December half. J.P. Morgan head of sales and relationship management, securities services, Australia and New Zealand, Bryan Gray said: "J.P. Morgan is uniquely positioned to support global asset managers ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The US Securities and Exchange Commission has adopted a package of fiduciary rules to protect retail investors from financial advisers who put their self-interests first. Under the new rules called Regulation Best Interest and Form CRS Relationship ...