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Showing 1 - 10 of 102 results for "mFund"

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
The Australian Securities Exchange (ASX) has reported record operating revenue for its half-year result ending 31 December 2024. Following a turnaround year, the exchange saw its operating revenue surge 5.9% to $541.9 million from the previous corresponding ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
ASIC has officially commenced an investigation into the ASX outage that occurred in late December. On 20 December 2024, the ASX experienced a "technical issue" on its CHESS Batch Settlement that disrupted and delayed several days' trade settlements. ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
... enabled investors to access unlisted managed funds via their broker using CHESS, and in batch settlement, each individual mFund with transactions settling on a given day generates an additional record within the CHESS "Users Global Section" page. "When ...

ASX calls time on mFund settlement service

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
Following an assessment and feedback from a recent consultation, the ASX has opted to wind down the mFund settlement service, setting a tentative deadline of May 2026 for the removal of funds. ASX noted that, since mFund's launch, an evolving market ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... Global Alternatives Fund will have a few options going forward. It explained that for investments other than through the mFund Settlement Service (mFund) operated by the ASX, investors may fully redeem their investment at any time before 1pm Sydney time ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The Australian Securities Exchange is seeking stakeholder feedback for its CHESS Replacement Partnership Program as it updates the eligibility criteria for potential participants. The CHESS Replacement $70 million Partnership Program canvasses industry ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... and Freedom of Choice Super. The research also noted that Vanguard operated Australia's largest ETF; PIMCO has the largest mFund, and the Australian Foundation Investment Company is the largest LIC. Notably, the LIC market fell by 20.4%, following four ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... also asked stakeholders to provide feedback on management fees and costs, performance reporting, liquidity support, the mFund settlement service, and improving the information available to investors about investment products. This submission will be ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Franklin Templeton Investments Australia has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue ...
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