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Showing 2161 - 2170 of 8993 results for "ASX"

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... year low. Quinn Emanual alleges IOOF's conduct breached continuous disclosure obligations under the Corporations Act 2001 and ASX listing rules. The firm also alleges IOOF engaged in misleading or deceptive conduct, which resulted in shareholders paying ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
The wealth management software firm has made a proposal to acquire another ASX-listed fintech that could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings for ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management, it announced in a quarterly ASX statement. The investment manager recorded total FUM of $100.9 billion as at the end of March, up $8.1 billion over the quarter. ...

Clime taps retail market

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... Adam Youkhana as general manager of private wealth and distribution. He was most recently the general manager of wealth at ASX-listed Yellow Brick Road. Former Schroders Australia chief executive Greg Cooper joined OpenInvest as a non-executive director ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... the Federal Court ordering Westpac to pay $3.3 million for contravening the ASIC Act 2001 by its involvement in setting the ASX Bank Bill Swap Rate in 2010. An independent report was ordered by the court, to review Westpac's current systems, policies ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
An ASX-listed platform provider has won a mandate from a wealth firm for a new managed discretionary account service. Managed Accounts Holdings will work with First Point Wealth Management to set up an MDA service. The move comes as First Point Wealth ...

Vanguard launches ETF, appoints new lead

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
A new Vanguard ETF commenced trading on the ASX this morning, just as the company announces a new investment head for the Australian quantitative equities business. The Vanguard Global Multi-factor ETF (ASX: VGMF) aims to outperform the international ...

Tribeca portfolio manager departs

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... Plus Fund in 2016 and to co-portfolio manager in June last year. The long-short equities strategy has outperformed the S&P/ASX 200 Accumulation Index by 2.41% per annum since its inception. "Sean has played an integral role in the growth and success ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
... different direction," several new agreements will have a positive impact and exceed the revenue decline, Praemium said in an ASX statement. Shaw and Partners is the latest to extend its partnership with the platform provider, signing on for a further ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
Governance experts are questioning how directors of multiple boards fulfil their duties and drive sustainable performance. Appearing at the Financial Executive Women Leadership Conference in Sydney last month, BMFS Consulting managing director Sarah ...