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| | | AllianceBernstein (AB), the subsidiary investment management firm of Equitable Holdings, has announced a new leader to oversee the company alongside its chief executive Seth Bernstein. As president, Onur Erzan will partner with Bernstein to prioritise ... |
| | | | Ahead of Christmas, ASIC commenced civil penalty proceedings against BDO Audit (WA) and its director Dean Just alleging it made misleading statements, while failing to take reasonable steps to ensure reports were factually accurate for an ASX-listed ... |
| | | | A year on from the announcement, MetLife Investment Management (MIM) has successfully acquired PineBridge Investments from the Pacific Century Group. The combined business, which manages total assets of US$735 billion, will be led by MIM president Brian ... |
| | | | AirTrunk has acquired a new site in Melbourne's north-west for its second data centre campus in the city, to be known as MEL2. The new campus lifts AirTrunk's total planned investment in Victoria to more than $7 billion, while further aligning ... |
| | | | The four people who conspired in a pump and dump scheme were delivered their sentences at the Sydney District Court, ASIC said. Larisa Quinlan, Kurt Stuart, Emma Summer, and Syed Yusef have been sentenced to between 14 months and two years' imprisonment ... |
| | | | Janus Henderson is being acquired for $11.1 billion (US$7.4bn) and will be delisted from the New York Stock Exchange (NYSE) following the completion of the transaction. New York-based Trian Fund Management and venture capital firm General Catalyst Group ... |
| | | | The Australian Financial Complaints Authority (AFCA) has released details of its lead decision approach for Shield Master Fund and First Guardian Master Fund complaints, aiming to deliver a "consistent and fair" outcome for all affected investors. The ... |
| | | | Melbourne-based financial adviser Louis Van Coppenhagen has been banned from providing financial services for seven years over a series of misconduct when he was an authorised representative of MWL Financial Services (MWL) and United Global Capital ... |
| | | | Drummond Capital Partners has expanded its private markets offering to retail investors, available on BT Panorama through IDPS and superannuation. The firm has also launched a new private income portfolio designed to support retirement income. The Drummond ... |
| | | | Following the unsuccessful takeover effort in September, TT Investments has updated its bid to acquire the shares it doesn't already own in ASX-listed investment manager 360 Capital Group (ASX: TGP). TT Investments is the largest shareholder of ... |
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