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Showing 151 - 160 of 3875 results for "February"

Macquarie to shed more than 240 investment options

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... It oversaw about $321 million of the superannuation savings invested into Shield. This amount has been locked up since February 2024. MIM promised to reimburse all investors' retirement savings by September 30 regardless of the court outcome. "Macquarie ...

Super funds raise stakes in US investments to US$1.44tn

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... investment decisions independently, on a case-by-case basis and in the best financial interests of members," SMC said. In February, modelling by SMC, IFM Investors and Mandala estimated that super funds' US$400 billion investment in the US at the ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... said Videkanic gave inappropriate advice to certain clients which was not in their best interests between July 2020 and February 2024. ASIC said Videkanic advised clients to establish a self-managed superannuation fund (SMSF), rollover their existing ...

MA Financial sees record gross inflows

RIDDHIMA TALWANI  |  THURSDAY, 23 OCT 2025
... Trust, the 50% institutional owner of Marion Shopping Centre, will end its investment management agreement effective February next year, and the property management will be taken up by Scentre Group. However, it noted that this will have an immaterial ...

Rumours swirl around Perpetual's wealth business sale

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... Perpetual told shareholders negotiations are ongoing for the sale of its wealth business, which was initially announced in February. This comes as Bloomberg reported Oaktree Capital has secured private credit financing from Ares Management and Barings ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... ASIC cancelled MWL's Australian financial services licence (AFSL) and banned its director and responsible manager. Since February 2022, funds totalling more than $480 million have been invested in Shield by at least 5800 consumers, primarily through ...

Acenda confirms leadership team

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
... capabilities." The group announced its board of directors earlier this year after the appointment of Craig Dunn as chair in February. It also follows the appointments of a chief financial officer, chief risk officer and a new general manager of superannuation ...

IFM Investors, Nest complete first UK investments

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... IFM Investors and Nest have completed their first UK investments since the UK pension fund took a 10% stake in IFM in February this year. As part of this partnership, Nest committed close to £500 million to seed a global infrastructure debt fund managed ...

Bravura appoints new chair, deputy chair

JAMIE WILLIAMSON  |  FRIDAY, 17 OCT 2025
... managing director of IT solutions provider Empired Limited. He has been on the board as an independent director since February 2023. He also currently sits on the board of several other listed entities. Meantime, Leonard is an executive director of Pinetree ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... Insurance ceased selling life insurance and flagged the likelihood of a liquidity crisis before suspending trading in February 2019 before committing to divest all its operations - including financial advice business Spectrum Wealth Advisers - and eventually ...