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Showing 11 - 20 of 3675 results for "February"

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... This led to a payout from the Compensation Scheme of Last Resort. Brite Advisors entered court-ordered liquidation in February last year after the regulator discovered a significant shortfall in client assets.

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... said that optimism surged in January following US president Donald Trump's election victory, but confidence waned in February as the glow of US exceptionalism faded and central banks pushed back against rate-cut expectations. That triggered profit-taking ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... Financial chief operating and technology officer Frank Lombardo took up the role to lead MUFG Retirement Solutions in February, serving as chief executive for Australia and New Zealand. This follows the retirement of Dee McGrath, who was with Link Group/MUFG ...

Uncertainty propels investors towards active managers

MATTHEW WAI  |  WEDNESDAY, 25 JUN 2025
... compared to its peers around the world. ASIC has previously addressed the issue through its discussion paper published in February, highlighting the dynamics between public and private markets, as the industry suggested increased scrutiny especially ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
... boost from easier monetary policy and predicts there will be a cut in July, followed by more in August, November and February next year.

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... investors have invested approximately $160 million into managed investment schemes run by Australian Fiduciaries since February 2020, predominantly through their self-managed super funds (SMSFs). Australian Fiduciaries offers the Global Diversified Alpha ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... Holmes has also been permanently banned from working in the industry. Ferras Merhi was the sole director of FSGA from 10 February 2021 to 30 May 2025. He is also the director of Venture Egg Financial Services and United Financial Advice. ASIC is currently ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... replacement project has met "several milestones", including opening the first industry test environment for Release 1 in February. "It's pleasing to be at the stage in our strategy where we can show steady progress of key deliverables. This is particularly ...

$15m crypto scam costs former adviser 10 years

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... suspicious of since at least October 2022, ASIC said. It is now listed on ASIC's Investor Alert List, having been added in February 2024. During this time, Rogan was a financial adviser with Fincare and an authorised representative of Private Wealth ...

Perpetual mulls tie up with Partners Group

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
... opportunities across the globe with the sole intent of building long-term value for our clients and stakeholders," Scott said. In February, Perpetual called off KKR's courtship of its wealth management and corporate trust operations and spinning ...

Editor's Choice

Australia an 'efficient' market for multinationals

MATTHEW WAI
A new report by Mercator by Citco (Mercator) has revealed that while multinational organisations face significantly higher operations demands in Asia-Pacific (APAC), Australia has proven to be one of the most efficient markets.

Brighter Super default members earn 11% in FY25

KARREN VERGARA
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term.

SIAA chief executive steps down

ELIZA BAVIN
Stockbrokers and Investment Advisers Association chief executive Judith Fox will step down after six years in the role.

GQG assets hit record high despite underperformance

KARREN VERGARA
GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance".

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Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
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