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Showing 2501 - 2510 of 6696 results for "Securities"

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
... Financial System Inquiry (FSI) Committee, headed up by chairman David Murray, has questioned whether the Australian Securities and Investments Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In the ...

ASIC considers compulsory advice for complex products

MARK SMITH  |  MONDAY, 14 JUL 2014
Mandatory financial advice for the sale of complex products is among the measures the Australian Securities and Investments Commission (ASIC) is considering to protect consumers from the risks posed by these investment vehicles. In a newly published ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
In the wake of the Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC), the Commonwealth Bank (CBA) will lift the minimum education standards for its financial advisers and demand that they belong to a ...

HK funds market climbs to A$2.4tr

ALEX DUNNIN  |  THURSDAY, 10 JUL 2014
... management sector now oversees A$2.4 trillion, surging due to huge inflow increases from mainland China. The Hong Kong Securities and Futures Commission's (HKSFC) has just released its annual Fund Management Activities Survey that revealed at end 2013 ...

ASIC permanently bans former finance broker

HARRY PAGE  |  THURSDAY, 10 JUL 2014
The Australian Securities and Investments Commission (ASIC) has permanently banned former Victorian finance broker Rudy Frugtniet after he provided misleading information and lacked full disclosure on a credit licence application. Frugtniet is a former ...

YBR set to acquire mortgage manager RESI

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
... of existing major shareholders and prominent Australian institutional investor clients of lead manager Bell Potter Securities including Macquarie Bank and Nine Entertainment subsidiary Pink Platypus. "We welcome the Resi franchisees, management and staff ...

Alternatives managers must be more transparent

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... according to BNP Paribas. Madhu Gayer, head of investment reporting and performance for Asia-Pacific at BNP Paribas Securities Services said institutional investors are increasing their allocation to alternative asset classes such as private equity ...

Standard Life Investment property specialist joins Neuberger Berman

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
... Pacific region. To be based in Hong Kong, Kwang's appointment marks an expansion of the company's global real estate securities group, which invests primarily in real estate investment trusts (REITs). Neuberger Berman said the new hire increases capabilities ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
The opposition has called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System ...

ASIC warns fund managers to fix fee disclosure

MARK SMITH  |  TUESDAY, 8 JUL 2014
The Australian Securities and Investments Commission (ASIC) has warned fund managers to get their act together to avoid inconsistent or false disclosure of fees to investors. The regulator has issued a report following an investigation into fee and ...