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Showing 191 - 200 of 3919 results for "February"

ASIC labels digital assets as financial products

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
... no-action position until 30 June 2026. The no-action position was informed by feedback from the earlier submissions in February to Consultation Paper 381 Updates to INFO 225: Digital Assets: Financial Products and Services (CP 381). "ASIC's guidance ...

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... establishment of 18,650 social and affordable homes, yet there is no confirmation that any homes have been built. In February 2024, Cbus, CareSuper, Hostplus, Rest and IFM Investors announced they would be working together to deploy capital through HAFF. ...

Kenya to establish sovereign wealth fund

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... rates, floods and uncertainty resulting in protests and reduced spending. According to the World Bank, in the 12 months to February 2025 its account deficit narrowed to 3.1% of GDP on the back of a rebound in exports of agricultural products. The World ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... Merhi, who was also the principal of Venture Egg and Financial Services Group Australia (FSGA), had his assets frozen in February and has not been able to leave the country since July. Between 2020 and 2024, Merhi and other advisers allegedly advised ...

Macquarie to shed more than 240 investment options

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... It oversaw about $321 million of the superannuation savings invested into Shield. This amount has been locked up since February 2024. MIM promised to reimburse all investors' retirement savings by September 30 regardless of the court outcome. "Macquarie ...

Super funds raise stakes in US investments to US$1.44tn

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... investment decisions independently, on a case-by-case basis and in the best financial interests of members," SMC said. In February, modelling by SMC, IFM Investors and Mandala estimated that super funds' US$400 billion investment in the US at the ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... said Videkanic gave inappropriate advice to certain clients which was not in their best interests between July 2020 and February 2024. ASIC said Videkanic advised clients to establish a self-managed superannuation fund (SMSF), rollover their existing ...

MA Financial sees record gross inflows

RIDDHIMA TALWANI  |  THURSDAY, 23 OCT 2025
... Trust, the 50% institutional owner of Marion Shopping Centre, will end its investment management agreement effective February next year, and the property management will be taken up by Scentre Group. However, it noted that this will have an immaterial ...

Rumours swirl around Perpetual's wealth business sale

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... Perpetual told shareholders negotiations are ongoing for the sale of its wealth business, which was initially announced in February. This comes as Bloomberg reported Oaktree Capital has secured private credit financing from Ares Management and Barings ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... ASIC cancelled MWL's Australian financial services licence (AFSL) and banned its director and responsible manager. Since February 2022, funds totalling more than $480 million have been invested in Shield by at least 5800 consumers, primarily through ...