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Showing 311 - 320 of 4925 results for "MIS"

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
InterPrac Financial Planning wants to rid itself of remediation obligations regarding the collapse of the Shield Master Fund and First Guardian Master Fund, saying that victims should be "fully compensated" via superannuation funds' reserves. InterPrac ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Equity Trustees (EQT) vows to defend itself against ASIC's lawsuit alleging it failed superannuation trustee duties over the collapse of the Shield Master Fund, as details emerge of how one of its analysts red flagged the product but was allegedly ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Financial services firms stand at a pivotal juncture. Those in one camp, with their heads buried in the sand, can no longer ignore the fact that artificial intelligence (AI), particularly its sidekick generative AI (GenAI), is everywhere. The other ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
Global cryptocurrency exchange Binance appoints a new head of APAC after Vishal Sacheendran left the business in July. SB Seker, who previously worked as senior VP at Crypto.com, will lead the group's Asia Pacific operations, bringing with him a ...

Lombard Odier acquires Dutch sustainable asset manager

MATTHEW WAI  |  WEDNESDAY, 3 SEP 2025
Lombard Odier Investment Managers (LOIM) will integrate Ownership Capital into its broader sustainability business, expanding assets under management (AUM) to US$10 billion ($15.3bn). Ownership Capital's long-term investment approach is built on deep ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
ASIC has permanently banned former investment manager and director Brett Paul Trevillian for fabricating investment reports of his trading strategy 'The Gold Method'. Trevillian, who has been serving a three-year sentence by way of an intensive ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
Societe Generale (SocGen) has been fined $3.88 million by the Market Disciplinary Panel (MDP), following an ASIC investigation, for failing to prevent suspicious orders from being placed on the electricity and wheat futures market. ASIC said SocGen ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
Former United Global Capital (UGC) adviser Milutin Petrovic is banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...