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Showing 3031 - 3040 of 28255 results for "NOT"

Schroders shutters Asian Shares Fund

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2024
... best investment solutions to meet the evolving needs of our investors," Schroders said. "The decision to close the fund was not taken lightly, and having considered a variety of factors, including a lack of investor demand, Schroders formed the view ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... shared in the tradition of having Sara Lee apple pie and vanilla ice-cream every Sunday night at the dinner table and could not be more proud to put the Aussie made and owned stamp on the Sara Lee brand."

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... packages that guaranteed investors high returns. "As the complaint alleges, however, Lee and Chunga knew or were reckless in not knowing that HyperFund was a pyramid scheme and had no real source of revenue other than funds received from investors," ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... interest from global institutional investors, he confirmed. "There is a significant interest in our work because there are not many funds, especially in commodities, particularly in agriculture," Davis said. "People are experiencing the effects of climate ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... early digital token fund unit representation, the signs are clear that a watershed moment in progress is a matter of when and not if, as bigger institutional firm focus centres on the next wave of adoption and product." According to Sleep, the tokenisation ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... Management (WRM) director Joshua David Fuoco. In February 2018, the Melbourne-based wealth manager was ordered by the Federal Court not to carry on or be involved in a financial services business for 10 years. At the same time, the court ordered WRM ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... legislated tax cuts compared to 2023-24 settings," Treasury said. It calculated the tweaks as "broadly revenue neutral" and does not expect them to aggravate inflation. A worker earning $40,000 would receive a $654 tax cut but is not entitled to one ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... scrutiny on customer service. Financial services minister Stephen Jones has called customer service unresponsive, slow and not member-focused. Complaints are mounting. Most funds are beefing up their investment in customer service and education offerings ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... contributions during his leadership tenure. In October last year, Costello notified the government of his intention to step down and not continue as chair of the Future Fund.