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Showing 1411 - 1420 of 28224 results for "NOT"

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... occur on or before 30 June 2025. Australian Unity said the sale of AUIL and transfer of management rights to Newmark will not involve any changes to PIF's investment strategy, daily liquidity mechanism, distribution frequency or investor unit holdings ...

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... services are closely monitored, given their important role in providing services to fund members. "Implementation of CPS 230 is not merely a compliance task, but an important opportunity for trustees to further evolve their risk management frameworks ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Future Fund has acquired a 10% stake in energy transmission operator Transgrid from $155.5 billion Canadian pension fund OMERS. OMERS will retain a 10% stake in Transgrid, which it first invested in five years ago, and manage the Future Fund's stake ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... number of its assets since 2019," MA Financial said. MA Financial also confirmed that should an acquisition proceed; it would not involve an equity raising. "No binding documentation has been entered into and there is no certainty that these discussions ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... individual circumstances and any information that had already been provided. Subsequently when the standard information was not provided, Resimac "summarily rejected their hardship applications." The conduct contravened the obligation of a credit licensee ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... product issued by Block Earner, which allowed consumers to earn fixed yield returns from lending specified crypto-assets, was not a financial product. ASIC said it is seeking to obtain the High Court's ruling on what falls within the definition of ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... objectives. TelstraSuper has decided to terminate the Heads of Agreement the two funds signed late last year, concluding it was not going to be in the best interests of TelstraSuper members. They had been in discussions since at least September, when ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... manager or just a managed fund, might appear over the top and you take money from investors into your own pocket. I'm not a big fan of that." Hannah agreed, saying while there is a place for active management, the fees in the space outweigh the performance ...

Stockbroking faces 'perception problem'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... perception from the average person on the street is starkly different, and encouraging more women into the industry would help. "Not only is there a perception out there in the world, but there's a perception in our businesses today, and that suggests ...

Scrutiny, costs major hurdles to boosting IPOs

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... management industry and its clients - but it's less positive for listed companies. This is because those investors typically are not on a company's share register, so it makes many companies' registers more opaque. "That may not be a bad thing, but when ...