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Showing 151 - 160 of 2213 results for "In March"

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... Investment Partners with US$1.5 billion ($2.3bn) and Victory Park with US$5.1 billion (US$8bn) were steady during the quarter. In March, Pacific Current completed the restructure of its investment in Aether, exchanging its equity ownership for an ongoing ...

Coller Capital hires from L1 Capital

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... new director for its private wealth team who recently finished up at L1 Capital. Alexander Ordon joined Coller Capital in March as a director for Australia and New Zealand to support the private wealth secondaries solutions business. Ordon spent six ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... freezing all related assets. Subsequently, ASIC applied to the Federal Court in processing the winding up and liquidation in March, to which, the court has acted swiftly in favour of the corporate watchdog. The Federal Court also appointed Paul Allen ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in March. The corporate regulator said it had "reasonable grounds" to believe the AFS licensees authorised a financial adviser, who ...

Barings expands local wealth team

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... Barings Liquidity Investment Strategy. The latter is managed by Gryphon Capital Investments, which was acquired by Barings in March 2023, and is to be fully merged into Barings' structured finance business. "John joins the business as we continue to ...

Aware Super completes phase one of 'Project Odin'

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
... capabilities with the new platform and to reap the benefits of digital innovation on behalf of our members." Announced back in March 2023, Project Odin is a multi-year transformation. The implementation of the enterprise data management platform originally ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... in a "Principal-protected Private Placement Program" which offered high-yield returns. Suetonius' AFSL was cancelled in March 2024 after failing to lodge its financial statements and audit reports for the 2021, 2022, and 2023 financial years. ASIC determined ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... two-year project to ensure it has more robust and reliable data which can be used to inform better investment decisions. In March 2023, Aware Super head of income and markets Michael Clavin spoke to Financial Standard about Project Odin - an initiative ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... since 2008 until it ceased trading due to Shortland's imprisonment, and its AFSL was suspended in 2022 and then cancelled in March 2024. Shortland has the right to appeal to the Administrative Review Tribunal for a review of ASIC's decision.

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... of private capital funds nearly tripled over the past decade, increasing from $57.1 billion in 2014 to $148.6 billion in March 2024, ASIC said. Private equity and real estate accounted for the largest portions of Australia-focused private capital fund ...