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Showing 191 - 200 of 2177 results for "In March"

Almost one third fail adviser exam

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... 24 th exam, which is mandatory for those who want to practice as a financial adviser. The majority (77%) sat the exam in March for the first time, according to ASIC, with 21,102 candidates sitting the exam to date. Those who keep failing the exam can ...

Schroders chief flags retirement

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... year, but he'll continue to serve as a director while the firm searches for his successor. Harrison joined Schroders in March 2013, serving as global head of investments before becoming chief executive in in April 2016. Prior to joining Schroders, he ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... spokesperson from Finder acknowledged the appeal and reinforced that it relates to the decision made by the Federal Court in March this year. The court found in favour of Finder Wallet and dismissed ASIC's proceedings with costs. ASIC first commenced ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February 29. "In March, Magellan experienced net outflows of $0.7 billion, which included net retail outflows of $0.2 billion and net institutional ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... sustainably down' toward the 2% target." Powell's comments came after data showed US services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, suggesting easing inflation pressure. ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... characterised as "fishing" or "trawling" for documents". She also ordered that Provide Capital pay ASIC's costs. In March 2022, ASIC commenced an investigation into Provide Capital for alleged false and misleading representations or misleading or ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... on a $15 calculator but were less likely to travel the same distance to save $5 on a $125 calculator. Born in Tel Aviv in March 1934, Kahneman was then raised in Paris, France. During World War II, Kahneman was forced to wear the Star of David when German ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... merger partners after an independent review by KPMG found it would struggle to satisfy members' best interests by 2025. In March 2023, ART signed a Memorandum of Understanding with the fund to explore a merger. After almost a year of due diligence and ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... its revenue from fossil fuels, ASIC said. General Electric represented 0.96% of funds under management when acquired in March 2022. It was divested in May 2023. ASIC confirmed to FS Sustainability that the matter was not self-reported and was identified ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... counts of dishonest conduct in relation to a financial product or service. He first appeared in court on the charges in March 2023, representing himself and notifying the court he wanted to enter a guilty plea as soon as possible. An ASIC investigation ...