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Showing 181 - 190 of 3911 results for "August"

Samuel Terry bids for Eildon again

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... company. Samuel Terry, which owns 63.08% of Eildon, said the latest offer marks a 13.4% premium to the last close price on August 29. Samuel Terry is the trustee for the Samuel Terry Absolute Return Active Fund, which has $1 billion in assets under management. ...

Latest adviser exam sees 69% pass

MATTHEW WAI  |  MONDAY, 8 SEP 2025
ASIC has handed down the results for the 30th Financial Adviser Exam, held in August, with the pass rate once again falling under the 70% mark. The previous exam cycle in June saw the lowest pass rate in recent times at 66%. Although slightly improved ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... the total period of injunctions against Mawhinney to 20 years. He has been subject to interim restraint orders since 13 August 2020. In July, the Federal Court found that Mawhinney contravened the law in relation to the marketing of three products - ...

Ausbil launches active ETF

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... maintain income through changing market conditions," he added. Ausbil managed about $20.5 billion in assets at the end of August on behalf of superannuation funds, institutional investors and retail clients.

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... of the coordinated attacks, APRA forced trustees to carry out several actions to fix material IT security weaknesses by August 31, highlighting, in particular, the need to step up lax MFA measures. Commenting on participating in the exercise, Association ...

Exposure to US hitting Aussie companies: UniSuper

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... taking a hit - and it may well continue. Colosimo pointed to CSL and James Hardie, both of which were down more than 20% in August. "I think the key link there between both of them is that the US is their biggest market, and so both have been suffering ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
... and July 2 and the decision has been reserved, ASIC said. UGC collapsed in July 2024 and was ordered to be wound up on 9 August 2024. A week or so later, Petrovic was licensed by River X Financial Services, but that relationship lasted just one week. ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... RBA cuts rates in November, though it's no longer the done deal we previously believed. It will, as was the case in August, come down to the next quarterly CPI report due in late October," he said. "If annual trimmed mean inflation only holds steady ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai all left the fund manager on August 19. Subsequently, senior portfolio manager Jack Nelson has taken over lead responsibilities for the Global Emerging Markets ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... such as MFA. Two months later, APRA sent a scathing letter to trustees along with action points that must be fulfilled by August 31. Chief among them is to perform a self-assessment of the super fund's existing information security controls. At minimum ...