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Showing 1 - 10 of 7214 results for "June 2010"

ASIC 'scrutinising' Sequoia's second InterPrac fire sale

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
The corporate regulator says it is "closely scrutinising" Sequoia Financial Group's second attempt at a fire sale of InterPrac Financial Planning to a little-known private investor. Sequoia yesterday announced it had "successfully concluded" the ...

Former adviser defies permanent banning orders

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
Former financial adviser Ezzat Daniel Nesseim has defied ASIC's permanent banning orders and is in the process of being prosecuted. Nesseim was slapped with permanent banning orders by the regulator between 2018 and 2019 that barred him from providing ...

Abacus managing director confirms upcoming retirement

MATTHEW WAI  |  WEDNESDAY, 14 OCT 2026
The managing director of Abacus Group (ASX: ABG) will be stepping down after an eight-year tenure. Steven Sewell has announced the intent to retire from his current role but will continue to lead the company to 9 July 2027, or an earlier date, in accordance ...

Former Western AM investment chief to receive final judgement

MATTHEW WAI  |  MONDAY, 12 OCT 2026
The Securities and Exchange Commission (SEC) has moved for a final judgement against the former co-chief investment officer of Western Asset Management, which could result in $147 million (US$103m) returned to harmed investors. The SEC is advancing ...

MUFG's acquisition of GROW approved

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
The competition watchdog has given MUFG's takeover of GROW Inc the green light, while tearing down the latter in its determination. The ACCC said the takeover would be unlikely to have the effect of substantially lessening competition, saying the business ...

ASIC issues more stop orders amid private credit crackdown

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
ASIC has made an interim stop order on the product disclosure statement (PDS) issued by Australian Secure Capital Fund (ASCF) offering units in three registered managed investment schemes. The interim stop order stops ASCF from offering, issuing, selling ...

Ellerston to shutter another Morphic fund

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2026
Morphic Asset Management has advised the Morphic Ethical Equities Fund, and the ASX, of its intention to terminate the investment management agreement. Morphic AM was integrated into Ellerston Capital in 2019 and has been the investment manager of the ...

ASIC sues another former Venture Egg adviser

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has launched civil penalty proceedings against former financial adviser Osama Saad, alleging he participated in schemes designed to avoid conflicted remuneration laws and provided unsuitable advice that directed hundreds of clients' superannuation ...

Dalton launches first local-domiciled fund

MATTHEW WAI  |  TUESDAY, 6 OCT 2026
Dalton Investments Australia has launched its first Australian-domiciled strategy for global equities, which combines traditional values with artificial intelligence (AI) for research capabilities. The Lumina Equity Fund is managed by Dalton Investments ...

Munro Partners launches active global equities strategy

MATTHEW WAI  |  TUESDAY, 6 OCT 2026
Munro Partners and GSFM have launched the Munro Global Growth Long Only PIE Fund into the New Zealand market, giving investors access to Munro's actively managed global equities strategy. GSFM will distribute the fund to New Zealand wholesale and retail ...
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