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Showing 131 - 140 of 510 results for "ASX/S"

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
Australia's financial regulators are keeping a watchful eye on the Australian Securities Exchange (ASX) after its operational outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
The corporate regulator is investigating the ASX following an outage last week which saw investors unable to trade for 24 hours. "ASIC has confirmed to ASX that it is conducting an investigation into the ASX Trade outage on Monday, 16 November 2020," ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
AMP Capital has decided to close its 19-year old sustainable share fund, after its portfolio managers Genevieve Murray and Emily Woodland announced their resignations in August. In a notice sent to investors on Friday, AMP Capital attributed the closure ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
The ASX equity market paused trading this morning, and will not open until tomorrow morning. The market will not open again until 10am tomorrow as the ASX works to fix the issue. Today was the go-live for the refreshed ASX Trade system, which is the ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
Pengana Capital will wind up an income-focused Australian equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. ...

ASX delays CHESS replacement again

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Australian Stock Exchange has pushed back the CHESS replacement date by another year to April 2023. The ASX announced it has increased the scope of the project as a result of COVID-19 following industry consultation. Many stakeholders the ASX consulted ...

Morphic co-founder exits

KANIKA SOOD  |  MONDAY, 19 OCT 2020
Chad Slater has resigned from Morphic Asset Management, a year after Ellerston Capital bought a stake in the business. Slater's portfolio management responsibilities will go to Ellerston co-head of global equities Bill Pridham. He has also resigned ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
A small cap fund backed by two fresh-faced investors with no prior funds management experience has managed to outperform the benchmark consistently since its inception in July 2018. As of August 31, Spatium Capital's Small Companies Fund returned ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
A listed investment company with a 33-year history has announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
ASIC and the Reserve Bank of Australia have outlined their expectations for the replacement of ASX's clearing and settlement system CHESS, as it shifts towards more contemporary and flexible software. The importance of replacing the system in a timely ...