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Showing 211 - 220 of 1582 results for "Competition"

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
... shortfall when raising $2.5 billion from institutional investors. The finding follows the failure of the Australian Competition and Consumer Commission's criminal case against ANZ and its underwriters last year. Federal Court Justice Moshinsky said that ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... will be viewed as strategically compelling to both PAC's underlying portfolio companies and management team." In competition with GQG, Regal Partners has teamed up with River Capital to table a $388 million buyout offer for PAC at $10.77 per share. ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... to financial advice," he said. The bill also houses two unrelated pieces of legislation. The first facilitates more competition in the clearing and settlement of cash equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... market, the main competitor for financing buyouts, has been mostly closed to new issuance since 2022. "The absence of competition means we're in a fabulous position. With the Fed raising rates, both existing and new investors benefit directly," Kasser ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... on June 22, the regulatory environment continues to intensify, structural changes are occurring in the market and competition has increased significantly, leading to increased costs and pricing pressures that require continued investment," O'Brien ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... Ireland, citing increased costs and pricing pressures associated with an intensifying regulatory environment and greater competition. EQT said it is considering all strategic options for the six-year-old business. As first reported by Financial Standard ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... were made on Active Super's website, disclosure documents and on Facebook, Instagram and LinkedIn. "There is much competition among super funds for new members, and we know that funds seek to attract members with promises their investments will not ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment. The regulatory body said it remains unsatisfied ...

Time to diversify global alts allocations: Telfer

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... "Also, the Australian market is only so big. So, as our pension fund wallets have grown, there is a lot of demand and competition for opportunities here, and it makes sense to send money offshore to unlock a wider range and opportunity set. "In fact ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ...