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Showing 1341 - 1350 of 17566 results for "Report"

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... to give post trade notifications to its clients and that CLSA contravened Rule 6.3.1(2)(1)(a) by failing to immediately report a pair of block trades after their execution, taking 25 minutes to report them. ASIC advised the payment of the penalty does ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Cbus' CFMEU board directors Rita Mallia, Jason O'Mara, and Dave Noonan are no longer with the fund. The CFMEU directors were removed from the super fund's website earlier this week. Cbus' board comprises 14 directors, including an equal number of ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
Generation Development Group's (GDG) underlying net profit after tax rose 55% to $11.2 million in FY24. Its subsidiary, Generation Life, chief executive Grant Hackett said FY24 proved to be another year of outperformance for the company, "surpassing ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Pengana Capital Group (PCG) has reported a significant increase in losses for FY24 compared to FY23 - up 789%. The company reported underlying profit before tax of $2.4 million and a loss from ordinary activities after tax of $4.3 million for the year. ...

Fidelity appoints new managing director

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... range of experience from senior positions at Colonial First State, Perpetual Investments, and ING Australia. Glazier will report to Rajeev Mittal, managing director, Asia Pacific (Ex-Japan), Fidelity International. "I am delighted to appoint Simon to ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Perpetual shareholders have finally been given an estimate of the cash proceeds from its deal with KKR, as the group reports a massive $472 million loss and farewells its chair. Releasing its full year results this morning, Perpetual reported a statutory ...

Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
Financial Standard is proud to be a finalist in the inaugural Impact Awards, nominated for Financial Services Publication of the Year. Established by Activam Group, the Impact Awards aim to "highlight those who make a meaningful difference by encouraging ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... also announced increased funding for the ATO to boost unpaid super recovery rates, with new targets requiring the ATO to report on the timeliness of its recovery efforts and the amount returned to members. The SMC has urged the government to establish ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... wealth hotspot, with the greatest proportion of investors, many of whom are looking to alternatives, according to a Preqin report. The data provider's report highlighted that among all private wealth investors in Asia Pacific (APAC), Australia accounts ...