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Showing 11 - 20 of 1796 results for "Returned"

AMP, CFS, MLC post double-digit returns

VINNY VUCAGO | THURSDAY, 2 JUL 2026

... options recorded returns above 11% for the year to 30 June. Members in the MySuper 1970s and 1990s Lifestage options returned 11.3%, while the MySuper 1980s option delivered 11.2%. Its Future Directions High Growth option returned 12.1%. The result marks ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA | FRIDAY, 26 JUN 2026

... against the former directors and costs. Last year, some 3000 investors had their $321 million invested capital in Shield returned after Macquarie entered into a court enforceable undertaking with ASIC.

Pendal shutters Global Select Fund

KARREN VERGARA | WEDNESDAY, 24 JUN 2026

... fund was incepted on 30 July 2021 and held between 30-60 stocks and required a minimum investment amount of $25,000. It returned 15.9% p.a. before fees over three years while the benchmark made 18.1% p.a. After fees, it returned 14.9% p.a. The strategy ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA | FRIDAY, 19 JUN 2026

... million in compensation to date. More remediation is expected before the end of July. The bank has since recovered and returned $6.5 million to customers. "We apologise to our customers who were impacted by these events. We are pleased to have reached ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI | THURSDAY, 18 JUN 2026

... any such financial investment." The court also accepted ASIC's argument that Earner was a derivative as the amount returned to investors varied by reference to the value of the digital asset and exchange rates, ASIC said. Block Earner does not have ...

Cybersecurity, tech ETFs strongest performers in May

RIDDHIMA TALWANI | FRIDAY, 12 JUN 2026

... themes, with the sector delivering exceptional returns across multiple strategies. While the Global X Cybersecurity ETF returned 36.5% for investors, Betashares Global Cybersecurity ETF provided a return of 31.75%. South Korea retained its place from ...

Franklin Templeton launches two active ETFs in Australia

RIDDHIMA TALWANI | WEDNESDAY, 10 JUN 2026

... compelling proposition for growth investors." Over one year to April 2026 the Franklin Global Systematic Equity Fund returned 15.16% after fees, compared with benchmark return of 15.06% in the same period. Western Asset Management head of Asia Pacific ...

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI | FRIDAY, 5 JUN 2026

... very much want to see people behind this held to account. What we were conscious about doing was making sure that we returned money to them, and we have made progress in that. We would absolutely like to do more." ASIC currently has 14 proceedings in ...

Canopy Investors shuts doors, winds up fund

KARREN VERGARA | FRIDAY, 5 JUN 2026

... unitholders, and the fund has not been able to achieve the scale required to achieve its aim," he said. "All funds will be returned to unitholders, who have been notified of the wind up and termination of the fund. Subject to the statutory notice period ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA | WEDNESDAY, 3 JUN 2026

... targeting a gross return of 6% p.a. above the Bloomberg Ausbond Bank Bill Index with 8% p.a. target portfolio volatility. It returned 22.1% p.a. in the year to April and over a 10-year period achieved 3.2% p.a. while its benchmark made 3.7% and 2.2% ...

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ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI

ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

Treasury expects regulators to do the heavy lifting

MATTHEW WAI

Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.

NGS Super names head of strategy

MATTHEW WAI

NGS Super has appointed a former ASFA committe member as head of strategy, as the fund aims to strengthen its retirement offering.

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI

US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.

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