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Showing 151 - 160 of 620 results for %22John Price%22

Family office takes asset manager stake to $55m

ALEX BURKE  |  FRIDAY, 30 JUN 2017
... commitment and demonstrates our confidence in the Centuria property funds management platform." Centuria chief executive John McBain added: "The Lederer Group is a highly respected, prominent real estate investor and we are delighted the group has decided ...

SMSF auditor busted self-auditing

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2017
... professional standards. ASIC will continue to take action where the conduct of SMSF auditors is inadequate," ASIC commissioner John Price said. Under the Superannuation Industry (Supervision) Act 1993, all auditors of SMSFs are required to be registered ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... asset markets (we - and the Fed - won't know it's a bubble until it's burst). Irrational exuberance redux? Perhaps. But as John Maynard Keynes stated many, many years ago, "The market can stay irrational longer than you can stay solvent."

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
... several entities reviewed will now be subject to separate surveillance. Commenting on the review, ASIC commissioner John Price said that compliance by the financial services industry with RG 133 and the class orders will remain a priority. "Responsible ...

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... responsible entities are expected to act lawfully and in the interests of the investors they represent," ASIC commissioner John Price said. "As a minimum, responsible entities must ensure a managed investment scheme is operated in accordance with the ...

Manager lists after $3bn merger

ALEX BURKE  |  THURSDAY, 1 JUN 2017
... in December last year. During that time, Hunter Hall received takeover bids from Pinnacle Investment Management, WHSP and John Bridgeman. While Hunter Hall's independent directors recommended rejecting Pinnacle and WHSP's multiple bids, WHSP now has ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... fail to meet those obligations, ASIC will act to remove them from the financial services industry," ASIC commissioner John Price said. The corporate regulator was also recently successful in the Supreme Court of Queensland, with the court disqualifying ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... Avestra to act with a systematic and serious disregard of its fiduciary and regulatory obligations." ASIC commissioner John Price added: "The findings of the Federal Court in this matter make very clear that responsible entities are required to act in ...

Ausbil MicroCap suspends applications and redemptions

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2017
... latest 12 months with a return of 5.9%, less than half the benchmark return of 13.7%. Rainmaker head of investment research John Dyall said the suspension by Ausbil highlights one of the difficulties of investing in open-ended unit trusts in illiquid ...

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... custodial or depository services other than investor directed portfolio services for wholesale clients. ASIC commissioner John Price said: "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity ...