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Showing 331 - 340 of 4922 results for "FAR"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... Markets agreed to US$10 million and US$4 million respectively. "When firms fall short of those obligations, the consequences go far beyond deficient document productions; such failures implicate the transparency and the integrity of the markets and their ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... co-founder John Deniz said he was pleased to be working with Bennelong. "Working with Bennelong has been a seamless experience so far, and I'm confident this partnership will strengthen our fund's operations," John Deniz said. "Thank you to our investors ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... Regal said. Meanwhile, Platinum said it "remains fully focused on executing its restructure and turnaround strategy and has so far illustrated momentum in the areas of cost control, remuneration redesign, product rationalisation and a review of the investment ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... when customers lost money on trades. Justice Wigney said: "I have no hesitation in concluding that EuropeFX's conduct was so far outside societal norms of acceptable behaviour in respect of the provision of financial services as to warrant condemnation ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

Brighter Super to buy up Queensland real assets

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
Brighter Super has handed Barings $100 million to acquire real assets in the Sunshine State, the first tranche of its Queensland Investment Strategy. Brighter Super's Queensland Investment Strategy, which was announced in May this year, involves investing ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
Vanguard is the largest exchange-traded product (ETP) manager in Australia, having also so far this year achieved the highest growth from a funds under management (FUM) perspective ($15.4 billion) - however, there's more to the picture. According to ...

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
After weeks of speculation, CapitaLand Investment (CLI) confirmed it is acquiring Wingate Group for $200 million. Adding Wingate will increase CLI's private credit business and portfolio in Australia, enhancing its access to more institutional and private ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
Australia has consistently produced billionaires over the last 10 years and is home to 43 of the richest people in the world, according to a new report from UBS. Australia gained two billionaires over the course of 2024 - the majority of which (77%) ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
One of the world's largest privately held asset managers has farewelled a senior executive who has been with the firm for two decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the ...