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| | | Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ... |
| | | | Already raising $100 million for its flagship fund, private credit firm Colter Bay Capital has launched with backing from a Swiss family office and fixed income fund manager. Colter Bay Capital aims to fill the corporate funding gap in Australia's lower ... |
| | | | Praemia REIM, a European real estate investment manager, has chosen Sodor Capital to distribute its strategies to local high-net-worth and institutional investors. Praemia REIM is Europe's largest healthcare real estate manager, with $29.6 billion (€18bn) ... |
| | | | Infocus has named its head of professional standards, hiring from Count. Phil Creswell has joined the national advice group, where he will oversee adviser audits, quality advice coaching, business health checks and adviser support, helping to ensure ... |
| | | | Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ... |
| | | | ASIC has banned Melbourne-based financial adviser Raluca Terheci from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ... |
| | | | ... strategies and sold them to four unnamed major pension funds and insurance companies. The redemption included US$600 million of direct lending investments from Blue Owl Capital Corporation II (OBDC II), and US$400 million from Blue Owl Technology Income ... |
| | | | ... 11,000 individuals each year are missing out on around $1.5 billion in total and permanent disability (TPD) benefits as a direct consequence of the same legislative changes. The government introduced the new rules in 2019 to curb super funds charging ... |
| | | | Former financial adviser Donald James Cuthbertson has been charged with 11 additional counts of dishonest representation. Last year, Cuthbertson was slapped with multiple charges for allegedly making dishonest representations to potential investors ... |
| | | | GSFM has appointed two senior executives to new roles, in response to a period of rapid growth for the firm as well as increased regulatory requirements, the fund manager said. Stuart Osborne has been appointed chief operating officer and will join ... |
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