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Showing 331 - 340 of 1345 results for "Grant"

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The perfect storm of government stimulus and a new breed of retail traders with little investing know-how are resuscitating the share market, but for how long? According to Julia Lee, founder and chief investment officer of Burman Invest, numerous factors ...

ASIC grants frozen fund relief

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
ASIC is granting new relief measures to help investors facing financial hardship get access to money stuck in frozen funds. Pandemic-induced volatility has seen a number of managed investment schemes freeze redemptions for fear of undermining their ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... regulatory relief. Following a public consultation in February 2020, the corporate regulator has amended the legislation to grant relief for voluntary escrow arrangements requested by public companies and pre-prospectus communications to stakeholders. ...

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... said it still believes the Dunk Island Spit Bar will be operational by the end of 2020. Mawhinney said the appointment of Grant Thornton as provisional liquidators to M101 Nominees by ASIC is a step that has been taken to protect Mayfair 101's secured ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review the integrity and performance of the ERS scheme. "The scheme was designed to provide financial ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies. All 35 Chi-X TraCRs and all quoted Chi-X Funds are ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
The Federal Court has taken action to dissolve an unregistered investment scheme operated by a former AMP authorised representative. MyWealth Manager was operated by Mustafa Mohammed, along with Mahek Mustafa, Mubashir Mohammed. The scheme related to ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... platforms. Redpoint was established in 2011 and managed about $10 billion for institutional and retail clients. GSFM (formerly Grant Samuel Funds Management, before Canadian CI Financial Corp acquired 80% of the business) owns a minority stake in Redpoint. ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
The ASX has announced it will extend its temporary capital raising measures until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
"The Australian economy is going through a very difficult period and is experiencing the biggest contraction since the 1930s... Conditions have, however, stabilised recently and the downturn has been less severe than earlier expected... There has also ...