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Showing 3181 - 3190 of 22782 results for "Funds"

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... funding will allow ASIC to increase its existing surveillance of suspected greenwashing by listed companies, superannuation funds and investment managers. ASIC will also be able to pursue larger and more complex matters, further clarifying the market ...

Boutique appoints head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
A boutique portfolio management firm has welcomed a new head of distribution, hiring from Trilogy Funds. Innova Asset Management appointed Laurence Gamboa to the role, as it looks to grow its profile among non-aligned financial advisers and dealer groups. ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... evidence of health. ART is the second-largest super fund in Australia, with about 2.2 million members and $200 billion in funds under management.

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... is a respected specialist in investments and advice complaints, in areas such as financial planning, derivatives, managed funds, timeshare, cryptocurrency and stockbroking," Smith said. "Shail has forged strong relationships with key stakeholders, among ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... April 2017. In total, Iervasi tricked 585 investors out of $180 million. According to ASIC, Papoulias was not aware that the funds were used to fuel a Ponzi scheme. Nevertheless, when handing down the sentence, Judge McHugh SC remarked that Papoulias' ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... contributor to growing our members' retirement savings through the cycle." Lill said the sale will also allow Rest to recycle funds into new private market opportunities, particularly those that also support the energy transition for the Australian economy. ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... The first group to do so comprised 97 large firms who reported earlier this year, including banks and some superannuation funds. The second group, to report by August, will be about 260 firms. ASIC estimates these two tranches alone will account for ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... Westpac announced the acquisition in line with releasing the group's half year to March 2023 results. The successor funds transfer of BT Superannuation and takeover of Advance Asset Management, which finalised in March and April respectively, gained ...

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
... Stephanie Bruce will leave the company at the end of the year. Recently, the fund announced locally that it would terminate five funds as part of the consolidation of the local business, the key to which is its recent partnership with SG Hiscock. In ...

Betashares launches new global shares ETFs

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... (ex-Australia) ETF (BGBL) and its currency hedged equivalent (HGBL) will commence trading on the ASX the coming weeks. The new funds track an index which provides exposure to approximately 1500 global companies across more than 20 developed market countries ...