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| | | Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ... |
| | | | ... from other major investors including AustralianSuper, UniSuper, Aware Super and HESTA. CalPERS, CalSTRS and the Florida State Board of Administration lodged proxy votes with Glass Lewis, calling for Lloyd to be removed as chair at the AGM on Thursday ... |
| | | | Superannuation funds are tipped to pour US$1.44 trillion into the US economy in 10 years' time - a whopping 44% jump from what the sector originally predicted. Embedded in the landmark critical minerals agreement forged between Prime Minister Anthony ... |
| | | | ... member servicing or the expected operational resilience that these very important entities need to have." Given the current state of affairs, has the super industry reached a point of diseconomies of scale? If so, is it wise to continue to drive down ... |
| | | | Major players in alternatives and real assets are reshuffling their ranks, with asset consultants, super funds and investment managers all announcing new hires and promotions. AustralianSuper confirmed that head of mid-risk portfolios Jason Peasley ... |
| | | | ASIC has banned Melbourne-based financial adviser Jovan Videkanic from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business ... |
| | | | ASIC confirmed it permanently banned WA-based adviser Noel Northcott in April, over concerns it had around Northcott's involvement in the Noon Investment Fund and the Quant Fund, after a ruling by Administrative Review Tribunal (ART) allowed the regulator ... |
| | | | ASIC has banned Wade Spooner of Melbourne for eight years for advising his clients to invest their superannuation into the Shield Master Fund while he was an authorised representative of MWL Financial Services. Spooner, also a member of MWL's investment ... |
| | | | ... chief investment officer at Aboriginal Investment for over a year. He also served as chief risk officer at Colonial First State (CFS) for two years following the separation from Commonwealth Bank and sale to private equity firm Kohlberg Kravis Roberts ... |
| | | | ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ... |
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