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Showing 2221 - 2230 of 3268 results for "January 29"

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

Fake press release activist faces 10 years in jail

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
An environmental activist who issued a fake ANZ Bank press release and caused a crash in Whitehaven Coal's share price faces 10 years in prison. On 7 January 2013, Jonathan Moylan sent out a false media release which said ANZ Bank had pulled its $1.2 ...

IFM's FUM surges by 34% on global support

ALICE URIBE  |  TUESDAY, 23 JUL 2013
Global investment manager IFM has seen a 34% growth in funds under management, form $34 billion to $46 billion, which is more than double the asset growth of the overall Australian superannuation market. The fund manager reported a growth in offshore ...

ASIC freezes defendants' assets in Wickham case

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders to freeze the assets of the 15 defendants in the legal proceedings against Wickham Securities executives. The defendants include eight companies related to Wickham founder ...

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
Industry Funds Management (IFM) has set January 2014 as the start date for its expected, wide-ranging fee reduction. The fund manager which oversees $44 billion in assets first announced the Global Pricing Review in November 2011 and had planned to ...

Former Perpetual exec to head Market Vectors

MARK SMITH  |  THURSDAY, 11 JUL 2013
Former Perpetual and Credit Suisse product specialist Arian Neiron has been appointed managing director of Market Vectors ETF Trust's Australian business. Market Vectors is the exchange traded fund arm of US-based investment manager Van Eck Global. ...

APRA accepts enforceable undertakings from five former Trio directors

ALICE URIBE  |  THURSDAY, 4 JUL 2013
The Australian Prudential Regulation Authority (APRA) has accepted enforceable undertakings from former Trio Capital Limited (Trio) directors Cameron Anderson, Michael Anderson, Terrence Hallinan, Lorenzo Macolino and John Harte. Trio was formerly the ...

UniSuper awarded MySuper licence

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
Superannuation giant UniSuper, which caters to the higher education and research industry, has been awarded its MySuper licence. The fund's current 'balanced' default option will become its MySuper offering for Accumulation 1, Accumulation 2 and Spouse ...

Former Everest CEO banned from financial services

LAURA MILLAN  |  THURSDAY, 27 JUN 2013
Former chief executive of Everest Financial Group Jeremy Michael Reid has been banned from the financial services industry for two years. Reid has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Committee ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
I beg your pardon, but was that it? Was that the song we've waited all this time for Big Benny to sing? The song remains the same to me. The same tune Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one ...