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Showing 1301 - 1310 of 3901 results for "ASX 300"

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
The Reserve Bank of Australia (RBA) painted an optimistic picture of the global and domestic economies when it held its policy meeting last month (6 November) before concluding that "...the stance of monetary policy unchanged at this meeting would be ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Federal Court has ordered a stockbroking firm to pay a $350,000 penalty for failing to comply with Market Integrity Rules. In early March 2011, State One Stockbroking placed 19 bids on behalf of a client when it should have reasonably suspected ...

UBS fined for careless conduct

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
ASIC's Markets Disciplinary Panel confirmed UBS Securities paid a $120,000 fine for breaching market integrity rules over a series of trades on the ASX in 2017. The Markets Disciplinary Panel issued the infringement notice for transactions in relation ...

Australia's first active fixed income ETF goes live

KANIKA SOOD  |  TUESDAY, 20 NOV 2018
A Legg Mason affiliate has become the first to offer an actively-managed fixed income fund as an exchange-traded fund in Australia. Ringing the bell at the ASX in Sydney yesterday, Western Asset Management portfolio manager Anthony Kirkham listed the ...

IOOF manager joins HUB24

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
IOOF's national manager for advice relationships has taken up a regional role at HUB24, as the incumbent moves to a newly-created national role. HUB24's outgoing NSW state manager Andrew Fraser is moving into the newly-created role of national ...

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
Two listed investment companies will merge to create an $885 million single entity. WAM Leaders (WLE) is set to acquire 100% of Century Australia Investments (CYA), a LIC that primarily invests in the S&P/ASX 300 and has $97 million is assets. CYA aims ...

ETPs attracting money despite volatility

KANIKA SOOD  |  TUESDAY, 13 NOV 2018
October's volatility wiped out $1.4 billion from Australian exchange-traded products but investors continued to pour in record-levels of new money, according to VanEck. The ETP industry was $41.9 billion strong at September end but October's volatility ...

ASX dismisses concern over AMP sale

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Following shareholder concern, the ASX has determined AMP does not require shareholder approval to move forward with the planned $3.3 billion sale of its wealth protection businesses. On Friday the exchange confirmed AMP was not required to seek shareholder ...

Platypus distribution director departs

KANIKA SOOD  |  THURSDAY, 8 NOV 2018
The distribution director at Platypus Asset Management has left for a role at Fidante as the former reviews its distribution options. Mark Hearne was responsible for Platypus' institutional, family office and private wealth sales for two-and-a-half ...

Managed accounts provider enters crowdfunding

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
ASIC has granted a variation to the AFSL of a managed accounts provider, allowing it to provide an equity crowdfunding service. BIR Financial told shareholders that its securities trading and corporate advisory business, Pulse Markets, was recently ...