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Showing 181 - 190 of 1637 results for "Selling"

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... consider the potential impacts on beneficiaries of secondary risks associated with liquidity risk, including the impact of selling assets at a 'stale' price, the impact on portfolio quality of an increasing proposition of illiquid assets, and ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... Douglas dumped $118.3 million of his shares in the company, a partial sale. Douglas explained that his rationale for the selling action was for family diversification purposes, he then expressed full confidence in the Magellan investment team. In June ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... and engaged in unconscionable conduct concerning the sale and issue of the policies to customers by, among other things, selling or issuing policies with no or little value. Finally, it stated that ANZ offered inappropriate personal advice to some customers ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... when a member celebrates their 47 th birthday. A typical lifecycle product adjusts allocations four or five times. A key selling point of the product is its low-cost, including no dollar-based fees. The lifecycle option comes in at 0.58% total fees per ...

Another ban for Sirius Financial

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... high-risk contracts-for-difference and margin foreign exchange contracts. It also found that Toyga engaged in pressure selling tactics and provided personal advice on behalf of Sirius Financial when it was unlicensed to do so. ASIC said that Bringans ...

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
... reductions, or quantitative tightening (QT). "Balance sheets have already started to dip this year, and central banks selling or ceasing to buy government bonds could increase the risk of financial dislocations from yield spikes sparking risk asset selloffs," ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Large Banking Organisations, it was noted the Federal Deposit Insurance Corporation (FDIC) typically employs a strategy of selling failed insured depository institutions to another depository institution. "This has been the course of action which was ...

Cromwell sells stake in LDK

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
... LDK, releases total capital of $168 million. Cromwell said the sale is consistent with its commitments to simplify by selling non-core assets and position the company as a capital-light global real estate fund manager. "Through the LDK joint venture ...

BGL automates crypto trading

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
... Simple Fund 360 and Simple Invest 360." Digital Surge, based in Brisbane, aims to provide an easy solution to buying and selling cryptocurrency in Australia. Its co-founder and chief executive Dan Rutter said the firm is pleased to join the BGL ecosystem. ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... Lives of Brian, he recounted how he came to Australia with just $5000 and started the business at his kitchen table. After selling EquitiLink in 2000 to Aberdeen Asset Management (now abrdn) for $80 million, Sherman became a prominent philanthropist ...