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Showing 161 - 170 of 2784 results for "November 2011"

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
The Federal Court has determined that four current and former directors of the now defunct Linchpin Capital Group and Endeavour Securities breached their duties and didn't serve investors' best interests. The court found that, between 2015 and ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
The investment manager has limited redemption requests from its $103 billion (US$70 billion) real estate income trust following a rise in redemption requests in March. During a month of "tremendous market volatility" and "broad-based financial stress," ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Investors will likely benefit from considering newer levers to evolve their portfolios, including more defensive strategies while being selective, and look to Future Fund for inspiration. In an address on Tuesday, VanEck's head of investments and capital ...

CFA Institute unveils major program overhaul

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
The CFA Institute has executed its most comprehensive CFA Program revamp since 1963, in a bid to increase its relevance in today's investment landscape. The CFA Program enhancements aim to better prepare aspiring investment professionals for a rapidly ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
More than two thirds of the financial advisers that sat the mandatory exam passed the latest round. Releasing the latest results, ASIC announced that of the 192 candidates who sat the February exam, 128 passed. Sixty percent of them sat it for the first ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Regulators are prioritising a range of emerging areas of risk across the superannuation industry. Speaking on a panel at the Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

Openmarkets secures chief financial officer

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
The fintech has welcomed Hetal Majithia permanently to the role following a four-month contract where she was engaged to deliver interim financial support. Majithia will be responsible for the management of the group's finance function during a period ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
A director of the now defunct financial services firm has been convicted of managing a corporation and fined $6000. Joshua David Fuoco pleaded guilty to the charges in the Melbourne Magistrates Court. The charge arose from an ASIC investigation that ...