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| | | ... unauthorised product advice and promote high-risk, and complex investment products, such as contracts for difference (CFDs) and over the counter (OTC) derivative products. It said they're often making misleading or deceptive representations about the ... |
| | | | ... in private markets, but many are hesitant about the asset class for one reason. Natixis Investment Managers' survey of over 7000 investors around the world found that a third (32%) of Australian investors are fearing missing out on opportunities ... |
| | | | ... valued at $10,000 or more. They all face a maximum penalty for the conspiracy offence of 15 years' imprisonment and a fine of over $1 million. ASIC alleges the four individuals formed a private group on Telegram to discuss and select penny stocks that ... |
| | | | ... the firm was created to keep pace with the changing needs of investors, adding that one of the most transformative changes over that time has been the increasing shift towards alternative assets. Notably, an investor presentation from French asset management ... |
| | | | The $93 billion superannuation fund has named a chief member officer, taking over from August 25. Rest has appointed Simone Van Veen as chief member officer, taking over from general manager, brand and member experience Andrew Ford who stepped in as ... |
| | | | ... MLC Super Fund with 2.7% had the highest allocations. AustralianSuper, meanwhile, reduced its allocation from 2.2% to 1.5% over the two-year period. In a submission to ASIC's recent public and private markets discussion paper, Super Members Council (SMC) ... |
| | | | ... Chalmers also thanked Kennedy for his service. "I'm so grateful to Steven Kennedy for our very close and effective partnership over the past three years, for his friendship over a much longer period, for his service to my predecessor as well, and for ... |
| | | | ... to giving or ancillary funds that include increasing the annual distribution rate and smoothing out minimal distributions over three years. In the consultation paper Giving fund reforms: Distribution rate and smoothing, the government also wants to rename ... |
| | | | ... Based on Rainmaker's analysis of unlisted unit trusts and exchange-traded funds (ETFs), covering six major asset classes over 22 categories, Macquarie Asset Management won the Investment Manager of the Year for the sixth time. Macquarie also won ... |
| | | | ... Australia's sixth-largest exchange-traded product (ETP) manager by funds under management (FUM) - $9.7 billion, up 11% over the year to December 2024 - State Street is lagging other major players. Vanguard, the powerhouse in this market, increased ... |
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