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Showing 241 - 250 of 8690 results for "Regulator"

Federated Hermes expands Asia presence

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
Federated Hermes has announced its plans to open shop in Hong Kong to capitalise on Asia's "rapidly growing" wealth market. The announcement follows the appointment of its global fixed income chief investment officer earlier this month to succeed Robert ...

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ...

Openmarkets to merge, list on Nasdaq

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
Trading and wealth management technology provider Openmarkets has entered a plan to merge with Lake Superior Acquisition Corp - a publicly traded special purpose acquisition company (SPAC). Upon completion of the merger, the newly combined entity will ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... $309,571.84. ASIC chair Joe Longo said the prosecution of insider trading was an enduring priority for the financial regulator. "Mr Forrest's actions were a brazen breach of trust and exploitation, and his imprisonment... reflects the seriousness ...

EQT to acquire Coller Capital to form new secondaries platform

MATTHEW WAI  |  FRIDAY, 23 JAN 2026
EQT is entering the secondaries market with the acquisition of Coller Capital. EQT will acquire 100% of the Coller Capital management company, the Coller Capital general partner entities which control the Coller Capital funds, and 10% of carried interest ...

bfinance names new managing director, insurance lead

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
bfinance has announced the appointment of Ravi Rastogi in the newly created senior leadership role of managing director and global head of insurance. He will be based in the firm's London office. The investment consultancy firm said the shift underscores ...

Netwealth's APRA-mandated governance overhaul underway

RIDDHIMA TALWANI  |  THURSDAY, 22 JAN 2026
Netwealth said its APRA-mandated investment governance overhaul is underway and is being led at the executive level. This was part of its agreement with ASIC in December under which it said it will repay $101 million to super members who accessed the ...

Insignia sees $1.5bn inflows, updates on CC Capital takeover

ANGELIQUE MINAS  |  THURSDAY, 22 JAN 2026
Insignia Financial reported funds under management and administration (FUMA) of $342 billion in 2Q26, an increase of $1.5 billion. This was partially offset by net outflows of $73 million, driven by institutional outflows of $1.6 billion from direct ...

Super funds, instos shun ETFs, retail dominance prevails

KARREN VERGARA  |  THURSDAY, 22 JAN 2026
Australia's booming exchange-traded funds (ETFs) market is failing to capture the big money from superannuation funds and institutional investors as retail investors' dominance reigns supreme. Surpassing $330 billion in total funds under management ...

ASIC seeks relief extension for securitisation entities

KARREN VERGARA  |  WEDNESDAY, 21 JAN 2026
ASIC is seeking to extend a relief for securitisation entities from holding an AFSL for five more years. The regulator is seeking stakeholder feedback on its plans to remake a relief instrument by extending the exemption for securitisation entities ...