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Showing 321 - 330 of 7571 results for "Deal"

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
A former financial services director, who dishonestly obtained near $1 million by tricking his clients into investing into a "test" trading platform, has had his sentence handed down. Mark Francis McCabe was sentenced to four years and three months' ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... retain a 10% stake in Transgrid, which it first invested in five years ago, and manage the Future Fund's stake following the deal. Neither party, however, has disclosed the financial terms of the deal. Future Fund chief investment officer Ben Samild ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... said digital advice is the obvious answer. "If you think about digital advice, everyone pictures a robot. Nobody wants to deal with a robot, everybody wants to deal face-to-face. Well, the wakeup call is that it's not a robot and client engagement ...

UniSuper lifts fund manager investment to $100m

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
UniSuper has increased its investment in venture fund manager Uniseed by $25 million, taking its total commitment to $100 million. The $149 billion industry fund became Uniseed's exclusive institutional investment partner in March 2022, at which time ...

AFCA looks to expand jurisdiction over receiving banks in scams

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
The Australian Financial Complaints Authority (AFCA) is opening public consultation on a string of governance changes, with a key focus on expanding its jurisdiction to include receiving banks in scam complaints. Following an engagement with an external ...

PGIM Real Estate partners up on $145m deal for logistics asset

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
PGIM Real Estate has partnered with real estate development and investment firm Cadence Property Group to acquire the St Mary's Intermodal Terminal. The partnership marks the first time PGIM Real Estate, which has US$206 billion in assets, making it ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... register. ASIC said insurance claims handling was a 2024 enforcement priority for the regulator, and failures by insurers to deal fairly and in good faith with customers is a 2025 enforcement priority. The priority also seeks to enhance public confidence ...

Tariffs were never the answer: Experts

JAMIE WILLIAMSON  |  MONDAY, 19 MAY 2025
The tariffs doled out - and then largely wound back or paused by - the Trump administration are unlikely to help the US realise its economic priorities, an industry conference has heard. Opening the Stockbrokers and Investment Advisers Association's ...

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... meetings and engagements as possible: "Sometimes you just have to kick the tyres." He said that while CFS might gain a great deal of confidence and rapport with an incumbent manager over time, it's necessary to remain open to change. The next step ...

Jarden Strengthens advisory team with Rothschild exec

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Jarden has nabbed a Rothschild & Co heavyweight to further bolster its trans-Tasman strategic advisory business. Sam Prentice has joined the trans-Tasman stockbroker as a managing director. Jarden said he has been instrumental in building Rothschild's ...