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Showing 1651 - 1660 of 34281 results for "Financial"

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... they deal with. The election left several reforms hanging, such as the scams protection framework, Delivering Better Financial Outcomes 2 (DBFO) and unfair trading prohibition. The election also upended the highly anticipated public inquiry into the ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
Magellan Financial Group was hit by $1 billion in net outflows in April, comprising $100 million in net retail outflows and $900 million in net institutional outflows. However, total assets under management (AUM) increased from $37.5 billion in March ...

First Sentier Investors names chief financial officer

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
First Sentier Investors has announced the appointment of Ashley Conn as chief financial and strategy officer, effective late May. Conn will be based in Sydney and brings 25 years' experience of finance and investment banking to the role. Conn joins ...

Ellerston Capital awards distribution mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... 40 medium capitalisation, ASX-listed companies. Its top holdings are Generation Development Group, Index, Life360, MA Financial Group, and Regis Healthcare. Sodor Capital is new to the market, having launched in August last year. It was founded by former ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
ASIC has cancelled the Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled ...

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... strategic fit, he said L1's stronger performance record should underpin earnings growth and bolster the combined entity's financial position. "L1 appears to offer a broader product range, including hedge funds (applying long/short strategies), activist ...

ASIC streamlines AFSL applications

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
The regulator launched a new digital portal for Australian financial services licence (AFSL) applications. From today, those wishing to gain an AFSL can use ASIC's new portal, integrated with the ASIC Regulatory Portal. It has a new interface and method ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Industry groups representing financial advice and superannuation have congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working ...

Finchley & Kent adopts Padua Solutions tech suite

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... Matthew Esler said. "Finchley & Kent's fresh approach to advice aligns perfectly with our commitment to transforming financial advice through innovative, accessible technology." Advisers will immediately benefit from reduced complexity and enhanced productivity ...

The top Australian small-cap fund, year after year

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... also led the field, delivering an annualised return of 28.7%. Ophir founder and portfolio manager Andrew Mitchell told Financial Standard that what sets the fund apart isn't just long-term performance, but the rare ability to also outperform in the ...