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Showing 2801 - 2810 of 22782 results for "Funds"

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... product. Over an eight-month period, a product known as the Savings Product was offered, attracting about 700 customers and funds totalling around $1.6 million. To acquire the interest earning investment product, ASIC said customers deposited AUD into ...

EQT launches new wholesale fund down under

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... diverse private markets fund. The open-ended fund, managed full-time by two portfolio managers, invests in a range of EQT funds spanning mature buyouts to early-stage investing across the globe, with a focus on EQT's flagship private equity and infrastructure ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... Mark Raymond Sebo guilty of misappropriating $1,056,685.18 by either helping clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
ANZ Bank has been ordered to pay $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. The Court found that ANZ breached both the ASIC and the National Consumer Credit Protection Act ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. In the case of greenwashing, the SEC found that DWS made "materially misleading statements about its controls ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... three Australian government bond ETFs, giving investors and financial advisers access to various maturity profiles. The funds management firm's upcoming product suite, scheduled for release on September 28, introduces three Australian government ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... in Australia is another step forward in the evolution of our partnership with one of Australia's leading superannuation funds." Meanwhile, UniSuper head of portfolio analysis and implementation Dharmendra Dayabhai said: "When selecting a collateral manager ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... merger options for the future." It cited ongoing consolidation in the sector, namely the dwindling number of corporate super funds, with just 11 remaining. According to APRA statistics, in 2004 there was 761. "Any potential merger partner would need ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... dealing with the cost-of-living crisis. As such, employers are looking at how their existing partnerships, like with super funds, could be leveraged to benefit their workers. TAL general manager, industry fund partnerships Dan Taylor said the research ...

Apostle names global distribution lead

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
Apostle Funds Management has hired Martin Currie's co-head of global distribution to the newly created role as it pushes further into Asia and Middle East. The fund manager will soon welcome Kimon Kouryialas as director, head of global distribution. ...