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Showing 221 - 230 of 6689 results for "Securities"

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the China Securities Regulatory Commission (CSRC) is proposing to cut fund managers' pay if they record a loss or return 10% less than their ...

Australia can benefit from China's economic growth amid trade war: Experts

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... key market driver." Moreover, China has already retaliated, imposing higher levies on US exports. Meanwhile, CITIC Securities economist Ximing Wang said the robust GDP growth of China, as well as its already expected deficit can fully offset the impact ...

Mercer adds to wealth team

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... staffers. Matthew Young and Staten Janes have both been hired as senior sales leaders, based in Sydney. Young joined FIIG Securities, where he was head of intermediary distribution for nine months. He brings experience from previous roles at Centuria ...

Wilson AM to launch first monthly LIC strategy

MATTHEW WAI  |  THURSDAY, 13 MAR 2025
... provide investors with a monthly income stream and capital growth with "less risk" once launched on the Australian Securities Exchange (ASX) on April 30. The WAM Income Maximiser (ASX:WMX) aims to provide monthly franked dividends and capital growth ...

ASIC slaps FIIG Securities with lawsuit

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
FIIG Securities will face court over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 clients stolen and released on the dark web. According to ASIC, FIIG failed to have adequate cyber risk management ...

Vanguard launches two new diversified ETFs

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... investment grade fixed income, corporate bonds, and high dividend yield equities. VDIF has exposure to over 12,000 securities, allocating 40% to defensive assets and 60% to growth assets. It charges a management fee of 0.32% per annum. Vanguard head ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
BNP Paribas' Securities Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
The Securities and Exchange Commission (SEC) has filed a joint stipulation to dismiss its civil enforcement action against Coinbase Inc, and its parent company, Coinbase Global. The decision follows the formation of the SEC's Crypto Task Force in January ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... needs not only in global custody but also data management, risk and performance analytics, currency management and securities finance," Kobayashi said. "We expect to provide a seamless transition for Mizuho's clients." Further, Mizuho head of global ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
Fronting the Senate Economics Committee, the Australian Securities and Investments Commission (ASIC) confirmed internal communications between staff at AustralianSuper played a significant role in shaping its case against the super fund. Senator Andrew ...