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Showing 331 - 340 of 3869 results for "August"

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... upon parliamentarians to support the inquiry. It met with Treasury last week and consulted with Minister Stephen Jones in August. The probe will address key concerns about Dixon Advisory's collapse and its impact on the CSLR. It will put under the ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... MacLeod. It was originally affiliated with Bennelong Funds Management before transitioning to an independent structure in August 2020. Since its launch it has run the Wheelhouse Global Fund. In 2021 it introduced the Wheelhouse Australian Enhanced Income ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Despite the Federal Court greenlighting the AMP Buyer of Last Resort (BOLR) lawsuit settlement amount, there is still a long way to go before financial advisers can have peace of mind with the payout process to potentially draw out to mid-2025. This ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... file its 2024 financial year reports, failing to meet its ASX Listing Rule deadline. Securities have been suspended since August 23. Unaudited results show it had $6 billion in funds under management. Preliminary core earnings in FY24 were $12.9 million ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
The Federal Court has approved the $100 million Buyer of Last Resort (BOLR) class action settlement despite some participants objecting to it, calling for a larger payout and making AMP accountable for its actions. Justice McElwaine approved the settlement ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
ASIC reported a 62% pass rate for the latest sitting of the Financial Advisers Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... negative returns since inception and failed to gain investor interest. The abrdn Global Risk Mitigation Fund closed on August 30. abrdn said due to changing demand, "the fund size has become smaller over time and we do not expect it to grow in size in ...

Fitzpatricks appoints new chief

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... executive to replace Jodie Blackledge. Andrew Fairweather is the new leader of the wealth group, commencing in the role on August 14. Blackledge stepped down after four years in the top job and a total of six years with the group. She started out at ...

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... roles at UBS Global Asset Management for about 17 years. Smartt left the post after five years with the organisation. In August 2019, he was appointed on the APRA-regulated entity boards of IOOF Investment Management Limited and IOOF Limited. Insignia ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... in place while a process to consider any change of investment manager is underway," CFS wrote to investors yesterday. On August 22, Ironbark announced it will tear up its contract with RLAM, whose former head of equities, Peter Rutter, is now spearheading ...