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Showing 171 - 180 of 6689 results for "Securities"

Touchstone closes flagship fund

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... the return of the S&P/ASX 300 Accumulation Index by 2% p.a. over a rolling five-year period, investing in 15 to 25 securities. It required an initial investment minimum of $25,000. According to Morningstar, the fund had $13.9 million in assets and generated ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... distribution platform for companies." If the court finds that Choosi contravened ss 12DB and 12DF of the Australian Securities and Investments Commission Act 2001, it could pay $16.5 million for a single contravention.

Apostle launches CastleKnight Management in Australia

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... York-based CastleKnight will help Apostle deliver wholesale and institutional strategies by investing in mispriced securities and asymmetric risk-return opportunities. Apostle managing director Mitchell Gunman said CastleKnight applies a macro lens and ...

BlackRock hires Housing Australia treasury chief

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... the initiative positioned the state as a pioneer in Australia's emerging green bond market, with Palmer marketing securities to institutional investors and managing balance sheet risks. She then moved to NSW Treasury as executive director of strategic ...

Russell Investments names investment head for APAC

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... economist, strategist, fund manager, and former central banker, with previous roles at Macquarie Bank, JPMorgan, Nomura Securities, and the Reserve Bank of Australia.

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin Currie Property Securities Fund on May 15 for their inability to scale. FTAL said it "determined that it is in the best interests of all unitholders ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... Bank of Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest in a wide range of debt instruments, and cash and private credit. It aims to provide the target return ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
... of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ordinary shares in NSX that it doesn't already own by way ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Zurich Australia has paid two infringement notices totalling $37,560 issued by the Australian Securities and Investments Commission (ASIC) over alleged false and misleading statements to two policyholders. In May 2024, Zurich declined two trauma insurance ...