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Showing 311 - 320 of 2085 results for "Australian Securities"

Macquarie advisers defect to start independent firm

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... growing number of high net worth clients," Wrightson said. Following an enforceable undertaking (EU) by the Australian Securities and Investments Commission (ASIC) on MPW, a number of advisers and executives from Macquarie's wealth management arm have ...

ASX builds fund supermarket

DARREN SNYDER  |  MONDAY, 10 AUG 2015
The Australian Securities Exchange (ASX) openly says one of its strategic priorities is to continue to build out an investment supermarket. Already among the supermarket aisles are about 380 fund products with more than $200 billion in market capitalisation ...

Magellan launches hedged global equities fund

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... million in five months. The Magellan Global Equities Fund (Currency Hedged) is set to start trading on the Australian Securities Exchange on 10 August 2015 under the ticker MHG. This is the second Magellan exchange-quoted managed fund (EQMF), a fund ...

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
A Queensland advice group has seen its Australian financial services licence questioned by the Australian Securities and Investments Commission (ASIC). The regulator has imposed new licence conditions on Sentinel Private Wealth following concerns over ...

ASIC to foster fintech growth

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
The Australian Securities and Investments Commission (ASIC) has established a Digital Finance Advisory Committee (DFAC) that will meet for the first time next month and advise the regulator on engagement with fintech businesses. DFAC forms one part ...

Platinum launches Asia LIC

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
... exposure to listed companies in the Asia region, ex Japan. Platinum has already lodged the prospectus with the Australian Securities and Investments Commission (ASIC) and is aiming to raise up to $500 million before the acceptance of any oversubscriptions. ...

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
... committee that includes representatives from the Australian Prudential Regulatory Authority (APRA), the Australian Securities and Investment Commission (ASIC), Association of Financial Advisers (AFA), Financial Planning Association (FPA), SMSF Association ...

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
... from clients, 62 of which (7.4%) were eligible for a total of $5.4 million compensation. A year ago, the Australian Securities and Investments Commission (ASIC) forced the group to establish a compensation process for clients who were victims of bad ...

Philanthropic LICs a triple win: Wilson

LAURA MILLAN  |  MONDAY, 20 JUL 2015
... Geoff Wilson said. The Future Generation Investment Fund (FGX) is a $200 million fund of funds listed in the Australian Securities Exchange (ASX) in which managers provide their services for free and 1% of the fund's assets are given to charities supporting ...