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Showing 1331 - 1340 of 13908 results for "State"

AFCA consults on advice, MIS compensation

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... wants input from stakeholders on how to apportion liability between two or more parties involved in a complaint. Federal and state laws can assist in apportioning liability. If this is not possible AFCA said it may hold the party that breached the non-apportionable ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Equity Trustees has given notice that it intends to wind up the trust that underlies the collapsed Australian Corporate Bond Company (ACBC), requesting Cboe Australia allow it to delist its exchange-traded bond (XTB) products. Cboe has agreed in principle ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... BNP Paribas head of institutional clients group and deputy head of global markets APAC Brian McCappin spoke of the current state of the market, highlighting three major themes: consolidation, internalisation and internationalisation. "Obviously, we've ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
Three directors connected to the Sterling Income Trust are facing criminal charges over the collapsed property investment and management group's schemes. Sterling Group founder Raymond Jones and associate Simon Bell have each been charged with 11 counts ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Colonial First State (CFS) has scored a wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
Treasurer Jim Chalmers has said the government has some tough calls to make regarding the nation's infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
Link Group amended its FY23 financial report that was released in August, following an ASIC review that identified potential "material misstatements." ASIC pinpointed discrepancies in the recorded value of Link's Fund Solutions business assets and provisions ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
The White family office has launched a $40 million capital raise for a new investment fund in the pet accommodation sector. The RW Capital Pets Fund plans to invest in a series of pet boarding facilities nationwide and will partner with Pet Resorts ...

Maple-Brown Abbott names distribution heads

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... wholesale distribution. Srinivasan has worked across sales and distribution for over 20 years, including at Colonial First State, BlackRock, Barclays and BT Financial Group. During his tenure at Maple-Brown Abbott, the firm said he has helped it build ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business' total local assets under management (AUM). The fee cuts, relating to four domestic sector ...