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Showing 161 - 170 of 7080 results for "June 21"

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems. The regulator said it was because of "critical ...

Perennial snaps up 50% of Balmoral, hands over microcap mandate

RIDDHIMA TALWANI  |  TUESDAY, 11 NOV 2025
Perennial Partners has acquired half of Balmoral Investors and chosen it to manage its Australian microcap strategy. Balmoral portfolio managers Wik Farwerck and Tim Canham will manage the combined funds of both asset managers, totaling more than $150 ...

Cromwell expands its Australian industrial portfolio

RIDDHIMA TALWANI  |  TUESDAY, 11 NOV 2025
Cromwell Property will acquire a 19.9% stake in the industrial portfolio of Straits Real Estate, a wholly owned subsidiary of Straits Trading, for a total consideration of $47.6 million. This marks a step forward in Cromwell's strategy to grow its investment ...

Bell Financial Group names inaugural investments chief

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
Bell Financial Group (BFG) has appointed its first chief investment officer, picking someone who recently finished up at Clime Investment Management. Will Riggall is the new investments chief, having ended his tenure at Clime in June after more than ...

Norway wealth fund told to pause ethical divestments

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
The world's largest sovereign wealth fund is halting ethical divestments until its guidelines, unchanged since 2004, are reviewed. Norway's parliament earlier this week voted to pause ethical divestments by Norges Bank Investment Management while it ...

Prime Super fined over tobacco exclusion claims

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

BlackRock confirms Bitcoin ETF launch

MATTHEW WAI  |  MONDAY, 3 NOV 2025
BlackRock confirmed its intent to launch the iShares Bitcoin ETF (ASX: IBIT), providing Australian investors with easier access to cryptocurrency exposure in the local market. Flagged by Financial Standard in October, BlackRock said the ETF is expected ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

ASIC reveals findings from reporting and audit surveillance

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
ASIC has released the findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025, after reviewing 254 companies. Report 819 ASIC's oversight of financial reporting and audit 2024-25 outlined findings from company ...

AusFood Super names investment chief

ELIZABETH FRY  |  THURSDAY, 30 OCT 2025
Australian Food Super has appointed a new chief investment officer, tapping an executive who built his expertise in retirement solutions at Fidelity International. The $3.4 billion fund, formerly AMIST Super (Australian Meat Industry Superannuation ...