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Showing 211 - 220 of 960 results for "Registered"

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... company intends to be a retail or wholesale; retail companies must have a compliance plan and auditor before it can be registered. The report highlighted key issues that arose from the submissions received on consultation (CP 360) and ASIC's responses ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... financial services licence and had been operating an unregistered managed investment scheme that was required to be registered. ASIC said it sought to protect the assets of Ascent and its clients after findings revealed the company was producing little ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... philosophy, process, fees or its investment objectives." Joining Yarra's suite of funds, the market neutral offering is now a registered managed investment scheme open to all wholesale and retail investors in Australia, and now has a minimum investment ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
... their usage. The model minimises the cross-subsidisation across sectors by considering both the volume of complaints registered for a firm along with the time taken to resolve them, Locke added. Locke noted that AFCA will continue to monitor the performance ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... vehicle that was established by Pallas Capital in November 2021, has a funding total of $588 million. PFT invests only in registered first mortgages secured over premium real estate assets with each loan having a maximum loan to value ratio of 65% (or ...

EQT reveals most popular fund launches

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... establishing master feeder structures, the majority of master funds were Luxembourg SICAVs (29%), followed by Cayman-registered funds (18%) and Delaware LLCs (11%). Beasley continued: "The majority of funds (81%) were developed for the direct retail ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... the SEC's Division of Enforcement and head of its limate and ESG Task Force, Sanjay Wadhwa explained the findings. "Registered investment advisers and funds are increasingly offering and evaluating investments that employ ESG strategies or incorporate ...

Record number of adviser graduates: Kaplan

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... financial planning qualifications, the company said. According to recent Rainmaker Information analysis, the number of ASIC-registered financial advisers decreased by 15% in the 12 months to the end of March 2022;3075 advisers exited the industry in ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... result, Allianz Global Investors is now automatically and immediately disqualified from providing advisory services to US registered investment funds for the next decade. It has been given 10 weeks to transition the US mutual funds it currently provides ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... oriented origins. "It's been an uncomfortable shift for a lot of people," said Hume. Consequently, a steep fall in registered adviser numbers has transpired but Hume was steadfast that it was fair that advisers be able to demonstrate the value they ...