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Showing 1351 - 1360 of 3163 results for "Owner"

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... US has been ordered to pay US$1 billion in penalties and disgorgement. Woodbridge Group of Companies LLC and its former owner and chief executive Robert H. Shapiro lured retail investors by offering them 5-10% in returns annually generated from issuing ...

Quirky SMSF investments unveiled

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
A new report from SuperConcepts unveils some of the most unusual investments held in self-managed superannuation funds, which include ATMs, livestock and frozen horse semen. The SMSF administration and software provider's Investment Patterns Report ...

3.5 million Aussies give financial advice to friends and family: Roy Morgan

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
Roy Morgan research shows millions of Australians are trusted advisers to their friends and family when it comes to finance and investment decisions. The research shows more than 17% of Australians are asked to advise on the financial matters of their ...

8IP signs on Sanlam Private Wealth

KANIKA SOOD  |  TUESDAY, 15 JAN 2019
Eight Investment Partners (8IP) has entered a strategic support agreement with Sanlam Private Wealth to provide middle office services. The agreement builds on their existing relationship. Sanlam Private Wealth previously acquired 40% of 8IP, the latter ...

New owner at Strategic Insight

KANIKA SOOD  |  MONDAY, 14 JAN 2019
New York-based research house Strategic Insight has been acquired in a deal expected to close soon. The buyer is Institutional Shareholder Services (ISS), a company speciaising in responsible investment and governance solutions. The transaction's value ...

California mandates gender board diversity

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
California has become the first state in the US to legislate gender board diversity for publicly listed companies. From 1 January 2019 public companies headquartered in California must have at least one woman on the board of directors by year end or ...

Ausbil ESG strategy advances

DARREN SNYDER  |  THURSDAY, 3 JAN 2019
Ausbil's in-house ESG research team has matured to the point where it's leading investment strategy creation and attracting a wider international audience. The asset manager's call to develop its own ESG team and not buy research "off the shelf" means ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... Collectively they manage more than $2.2 trillion in assets and own, on average, 10% of every ASX200 company. Rainmaker Group is the owner of Financial Standard.

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ...

One small step for responsible investment sees one giant leap for Man Group

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
Global active manager Man Group can now quantify the degree of responsible investment focus across its entire suite of funds. It adds clarity for institutional investors demanding greater ESG transparency. The $158 billion (US$114bn) investment manager's ...