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Showing 181 - 190 of 2026 results for "Application"

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AllianceBernstein announced Andrew Chin has been named the investment firm's first-ever chief artificial intelligence officer. Chin has been working with the firm for 27 years having started as chief risk officer and head of quantitative research ...

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... trademark battle with climate tech VC investment firm Wollemi Capital, led by Tim Bishop. The latter filed a trademark application relating to the words 'Wollemi' and 'Wollemi Capital' which was challenged by Denholm's family office. However, earlier ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... not apply to expenses incurred or expected to have been incurred before 1 July 2018. The previous law allowed the application of NALE rules relating to income derived in 2018-19 and later years. Previously, if a fund incurred expenses on a non-arm's ...

SSGA appoints new chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... officer of their wealth and asset management divisions. In that role, he was responsible for technology strategy, application design and development, third-party product integration and production management of the technology platforms supporting the ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
Capital Group - which has US$2.7 trillion in equity assets under management - has identified three megatrends poised to upend industries and kick down the doors to fresh investment opportunities. The Californian headquartered investment manager, that's ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... As the hearing was held in their absence, Keystone and Chiodo have not yet had the opportunity to respond to ASIC's application. A further Court hearing is listed to take place on Tuesday, 25 June 2024. This action follows previous action that ASIC took ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
The rapid expansion of artificial intelligence (AI) applications in the financial advice industry has led to a prediction that ASIC could soon incorporate AI into its compliance and audit checks of advisers. Financial technology firm Padua envisions ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... ASIC's decision to cancel the AFSL. Following an interlocutory hearing on 31 May 2024, the AAT refused XTrade's stay application. This means that XTrade's AFSL remains cancelled until a final decision is made by the AAT on the substantive review appl ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... proceedings commenced against him by ASIC and while there was an ongoing ASIC investigation into his conduct. Following an application by ASIC in 2019, a Queensland magistrate issued a warrant for Ali's arrest, and in November 2021 he was arrested in ...