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Showing 1581 - 1590 of 3970 results for "ASX 300"

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...

ASIC sets sights on IPO investment

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
Hard to read, complex and misleading prospectuses could soon be a thing of the past following an industry regulator review of the IPO market. An ASIC report looked at the experience of institutional and retail investors in making decisions, and outlined ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...

Platinum covers cost for new listed funds

ALEX BURKE  |  FRIDAY, 25 AUG 2017
At the same time as reporting $3.6 billion in net outflows over the 2017 financial year, Platinum Asset Management said it would cover establishment and operating costs for the launch of two new exchange-traded managed funds. The two new funds, which ...

Freedom Insurance flags acquisition

KARREN VERGARA  |  THURSDAY, 24 AUG 2017
On the back of reporting strong FY17 results, Freedom Insurance Group announced it is looking to strengthen its position in the life insurance market by expanding into new products and potential acquisitions. The life insurance products developer and ...

CBA faces shareholder class action

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
The Commonwealth Bank is potentially facing the largest shareholder class action in Australian history, according to Maurice Blackburn Lawyers. In a statement, Maurice Blackburn said it was partnering with litigation funder IMF Bentham to open registrations ...

QVG Capital launches inaugural fund

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2017
Former Ausbil small-cap managers Chris Prunty and Tony Waters have launched their flagship QVG Opportunities Fund. Through the fund the duo, who left Ausbil to start their own funds management firm QVG Capital, will invest in listed Australian companies ...

ASX flags imminent blockchain transition

KARREN VERGARA  |  THURSDAY, 17 AUG 2017
The ASX decision to replace its exchange settlement system in place of distributed ledger technology (DLT) or blockchain could come as soon as December. ASX chief executive Dominic Stevens said the exchange has undertaken initiatives and industry-wide ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
Ambitious financial services firms are driving Australia's global leadership in the development of blockchain technology, which is already delivering productivity and innovation benefits to the nation's trillion-dollar wealth industry. BNP Paribas Securities ...