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Showing 211 - 220 of 34254 results for "fund"

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... US$100 million penalty for failing to detect and prevent its former staffer's cherry-picking scheme. The watchdog found the fund manager failed to take reasonable steps to ensure Leech's actions were consistent with the firm's fiduciary duties ...

AustralianSuper expands European footprint with new hire

ELIZA BAVIN  |  MONDAY, 15 JUN 2026
AustralianSuper has appointed a head of treasury, Europe, which it said will bolster its capability in managing liquidity and delivering value for members. Barbara Ginet will take on the role, joining from Citi where she was most recently managing director ...

Budget changes could drive SMSF adoption: FAAA

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
The Financial Advice Association Australia (FAAA) has warned the government's proposed capitals gains tax (CGT) and negative gearing reforms could unintentionally drive Australians towards self-managed super funds (SMSFs) as a vehicle for residential ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
... managers to encourage larger deposits, made misleading representations about potential profits, and pressured customers to fund trading through superannuation accounts and credit cards. Justice Wigney described EuropeFX's conduct as "unquestionable egregious ...

ACCC approves Magellan, Barrenjoey merger

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... of the merger, specifically affecting those who look after the global equities strategy. Subsequently, the Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and Magellan Global Fund Hedged investment strategy changed to the Vinva Global ...

Imprisoned fraudster's wife banned by ASIC

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASIC has disqualified Shashikumari Agrawal (Mrs Agrawal), the wife of the imprisoned director Krishnakumar Agrawal (Mr Agrawal), from managing corporations for five years due to her role in the collapsed Mansa Group. Mrs Agrawal and Mr Agrawal were ...

ASX to pay $23m, admits misrepresentation over CHESS replacement

MATTHEW WAI  |  MONDAY, 15 JUN 2026
ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021. According ...

ASFA lifts comfortable retirement standard to $730k for couples

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... spend $1690 per fortnight or $44,000 per year during their retirement years. This also assumes that the Age Pension will fund about 67% of their retirement spending. A couple, on the other hand, is forecast to spend about $2460 per fortnight or $64,000 ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
... That's a massive headstart over structures where you're managing money for people with very different tax rates." A fund manager investing for a mix of super funds, high-income earners, retirees and companies can't optimise for all of them ...

Cybersecurity, tech ETFs strongest performers in May

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
ETF performance in May was dominated by cybersecurity and broader technology themes, with the sector delivering exceptional returns across multiple strategies. While the Global X Cybersecurity ETF returned 36.5% for investors, Betashares Global Cybersecurity ...