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Showing 251 - 260 of 2687 results for "Fair"

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... exceeded this amount. The former also demonstrated more stable monthly flows compared to "more choppy" unit trusts, which is fair, according to Rainmaker head of investment research John Dyall. Last year, the net flows of exchange traded products (ETPs) ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... Bain's offer with the wealth manager saying the board believed the proposed transaction didn't adequately represent fair value to its shareholders. Kicking off the New Year, Insignia then received another takeover offer on 3 January 2025 from ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... the board said. Bain Capital's bid was rejected on December 18. Insignia said the offer "does not adequately represent fair value for" its shareholders. Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to the 2024 ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products ...

Insignia rejects Bain Capital takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... that, based on its view of the fundamental value of the company, the proposed transaction doesn't adequately represent fair value to its shareholders. The board therefore concluded that it's not in the best interests of Insignia shareholders ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... substantial tax reform agenda also includes making super concessions fairer and more affordable, ensuring multinationals pay their fair share of tax here in Australia, encouraging investment in important areas like housing and clean energy, reforms to ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... resolutions were resolved in a way that directly addressed the concerns raised by members. Hostplus remains committed to ensuring fair and transparent outcomes for all parties involved." In terms of complaints made directly to the fund, Hostplus said ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... they are very happy. The litigation funder also believes it is a good outcome," Chapman said. "The settlement reflects a fair outcome, but obviously there are still things the court needs to consider. We don't anticipate any difficulties in that respect." ...