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Showing 191 - 200 of 1718 results for "Minimum"

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... associated with the ownership of ordinary shares." ASIC added that it also acted as the offer document did not comply with the minimum content requirements prescribed in the Corporations Act and Corporations Regulations "2001, which includes providing ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... assets predominantly invested in member countries of the Organisation for Economic Cooperation and Development and meet a minimum market capitalisation hurdle at the time of purchase." As at the end of May, the fund was invested in 27 stocks, primarily ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum investment of $2000. Pengana said it believes TermPlus is poised to attract significant interest from both retail and institutional ...

Ironbark partners with HarbourVest to launch fund

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
Ironbark Asset Management and global private markets firm HarbourVest Partners have joined in a strategic partnership with the launch of the Ironbark HarbourVest HGPS - Diversified Private Equity Fund. The fund is an open-ended Australian managed investment ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... quarterly redemptions, unlike typical private markets funds that "lock up" investments for around 10 years. Its SMA has a minimum investment of $100,000, making private markets accessible to sophisticated investors, unlike traditional private equity ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... below-investment grade and emerging market bonds, from anywhere in the world and denominated in various currencies. The minimum investment amount is $25,000. The fund is less than two years old and is managed by James Durance and Peter Khan, both of ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... defensive assets like cash and bonds, with some exposure to equities for growth. It is targeting conservative returns over a minimum three-year timeframe. The holdings include a range of iShares, VanEck and Vanguard ETFs, and investors pay $2 a month ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Rest has urged the Australian government to remove the minimum hours rule for the superannuation guarantee to apply. Research conducted for Rest by CRNRSTONE found 82% of Australians think the law should be changed so that Australian workers - many ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... providing advice or the advice needs of their members in relation to superannuation interests." Only three trustees require a minimum residual balance before payments may be charged to a member's account or other balance conditions to guard against erosion ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... automatically increases (or decreases) as you get older. "The basic (default) age-based cover amounts are designed to provide a minimum amount of cover for changing needs as you get older. Fixed cover will still be available for members who want to apply ...