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Showing 311 - 320 of 6715 results for "Securities"

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... holders must then report any movements in their interests of one percentage point or more. The economic interest in securities underlying a physically settled equity derivative is already recognised as part of a relevant interest in an entity, but only ...

Small caps boutique merges with Conduit Group

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... inked a merger agreement with Singapore's Conduit Group. Spatium Capital, based in Melbourne, is merging with Conduit Securities and Conduit Asset Management, subsidiaries of Conduit Group, as both parties eye global growth. Spatium Capital was founded ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

Former super fund investment chief in new gig

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
Former Australian Catholic Super investment chief Michael Block has landed at Bellmont Securities, the boutique portfolio manager and broker. In the new role, Block will oversee all aspects of Bellmont's investment strategy and portfolio management. ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... legal proceedings brought against it. Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
The fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. J.P. Morgan Securities (JPMS) and J.P. Morgan ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... superannuation trustee services Andrew Godfrey said he is delighted to extend the group's existing partnerships with FIIG Securities and Nanuk Asset Management. FIIG Securities recently launched the FIIG Monthly Income Fund, which aims to provide ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... consumers about their rights," Court said. ASIC also alleged that the term was an unfair contract term under the Australian Securities and Investments Commission Act 2001, however Justice Jackman dismissed that part of ASIC's case. ASIC said it will ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... advice or unauthorised transactions​; and failure to implement a Statement of Advice​ (SoA). Misconduct relating to securities dealing commonly occur in the misclassification of sophisticated investor​; and failure to follow instructions​ and ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
Regal Partners has been indicted by the South Korean securities watchdog after a former employee allegedly breached the country's tough short-selling rules. The Korean Prosecutor's Office issued an indictment against Regal and its former employee ...