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Showing 171 - 180 of 1177 results for "Retail Investors"

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... placed interim stop orders on 26 investment products from 18 issuers which totals $6.6 billion in funds backed by retail investors. These actions resulted in 12 issuers amending 18 target market determinations (TMD) to address the deficiencies and five ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... investment officer Sally Auld pointed out that Silicon Valley Bank had a highly concentrated deposit base, with few retail investors and numerous business deposits originating from the same industry (technology) and region (US West Coast). As the Federal ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... Notes 2 because of deficiencies with its Target Market Determination (TMD). ASIC said the move was "to protect retail investors from potentially acquiring an investment product that may not be suitable for their financial objectives, situation or needs". ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
... months. Each vehicle will be specifically tailored to different market segments, including advised and direct retail investors, high-net-worth (HNW) and family offices, it said. Pengana chief executive Russel Pillemer said that while opportunities in ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ...

Openmarkets launches custody offering

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
... The newly revamped trading platform now has a custody capability that holds Australian equities on behalf of retail investors. Openmarkets has partnered with Syfe, an Asia-Pacific investment platform that has offices in Singapore, Hong Kong and Australia. ...

BT's Advance AM hit with stop orders

JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
... not define what these concepts meant," ASIC said. "It is therefore not possible to accurately determine which retail investors fall within the target market for each fund." The regulator said the distribution conditions outlined in the TMDs was also ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... said. "When a political party attempts to attack franking credits it's a personal and inequitable attack on retail investors, companies, and the retirement security of many Australians."

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... wholesale client remain appropriate; whether certain MIS investments should be able to be marketed and sold to retail investors; and the various roles and obligations of responsible entities and whether the governance, compliance and risk management ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
Alphinity Investment Management has listed two funds on the ASX in a bid to reach retail investors. The Alphinity Global Sustainable Equity Fund (XASG) is a diversified portfolio of 25-40 leading global sustainable listed companies that Alphinity deems ...