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Showing 1341 - 1350 of 33559 results for "Over"

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... law allows you to renew online, not all funds support online renewals. That means going through the whole paper process all over again." SCA said that while its research revealed 36% of Australians have not made a binding nomination, ASIC report 808 ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... manager Sujaya Desai all left the fund manager on August 19. Subsequently, senior portfolio manager Jack Nelson has taken over lead responsibilities for the Global Emerging Markets All Cap and Indian Subcontinent All Cap strategies. Doug Ledingham is ...

Singapore investment firm to add 835 student beds in Perth

MATTHEW WAI  |  MONDAY, 25 AUG 2025
Mapletree Investments has acquired a site in Perth to develop an 835-bed student housing asset, marking its first foray into the local sector. Mapletree acquired the 1398m 2 site from Alceon, which will remain as development manager. Given the limited ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... for an upfront cash payment of $1 million and an earnout of up to an additional $20 million based on growth in FUA measured over an 18-month period post completion. OneVue would contribute $4 billion in FUA. About $1.7 billion was transferred in FY25. ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... obligations here." Binance has since acknowledged AUSTRAC's decision. "We have engaged openly and transparently with AUSTRAC over the past several months and continue to value their guidance, expertise, and oversight," Binance said. "We remain dedicated ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... on behalf of Australian investors grew 2.9% to $5.6 trillion. This was largely on the back of positive momentum in markets over the period. Despite this, there were only three providers to record double-digit gains in the six months. At the head of the ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... read. The report also stated that the fund promised to be shariah compliant, but investors who spoke to ABC have cast doubt over this. According to its 2024 annual report, the fund invests in health service businesses and made 9% p.a. net of fees. At ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Trustees' cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
Treasurer Jim Chalmers has wrapped up the three-day Economic Reform Roundtable, announcing a range of reforms the government will focus on. Speaking at a press conference after the event, Chalmers said the government will look to make changes to the ...