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Showing 341 - 350 of 7720 results for "Currently"

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
Sequoia Financial Group's embattled licensee and adviser services division flagged it is currently making healthy earnings but expects to take a hit from the First Guardian Master Fund and Shield Master Fund debacle. The unit, which is embroiled in ...

Centrepoint Alliance expects core profit to top guidance

RIDDHIMA TALWANI  |  TUESDAY, 16 DEC 2025
... the year. Centrepoint has a total of 588 licensed advisers, with a net growth of 15 advisers since July 2025. It is currently onboarding an additional 40 advisers for the business and forecasts attrition of less than six representatives, with minimal ...

Aberdeen to acquire $3bn worth of MFS funds

MATTHEW WAI  |  MONDAY, 15 DEC 2025
... springboard for future growth, and are managed by Aberdeen's global head of fixed income Jonathan Mondillo. In total, Aberdeen currently manages some £21.4 billion ($43bn) in closed-end funds. Commenting, Aberdeen Group chief executive Jason Windsor ...

AustralianSuper names chief platforms officer

MATTHEW WAI  |  MONDAY, 15 DEC 2025
... integrated technology risk management, as well as enterprise and solution architecture, AustralianSuper said. He is also currently a member of the ASIC cybersecurity consultative panel. Backeberg brings over 30 years of experience across South Africa ...

South Korea looks to Australia for next sovereign wealth fund

JAMIE WILLIAMSON  |  FRIDAY, 12 DEC 2025
... bonds and the other coming from the private sector. The aim is to reinvigorate the country's slowing national economy. Currently, South Korea's existing wealth fund, Korea Investment Corporation, only manages foreign currency assets. The new fund will ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
... disintermediation. Nunez also sees significant potential for private credit expansion in Australia over the next 10 to 20 years. Currently, Australian banks hold 80% of the corporate lending market, but if the country follows US trends, the private market ...

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
... subject to appropriate record-keeping arrangements and reconciliation procedures, ASIC said. The Principal Instrument currently limits omnibus accounts to a deposit taking facility of a body carrying on a business of accepting money on deposit including ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... the federal government under Part 23 of the Superannuation Industry (Supervision) Act 1993 (Cth). Diversa said it is currently in the process of preparing its Part 23 application and expects to submit the application before the end of the calendar year. ...

NAB Private Wealth, JBWere names CIO

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... September 2023 amid Cbus making a raft of leadership changes that included appointing a chief operating officer. Campbell is currently the chief executive of family office Big Blue Ocean Investments. She previously worked at AustralianSuper, Avoca Capital ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
... ASIC assessed Diversa had about $243 million invested in the fund associated with 2055 superannuation members. ASIC is currently suing SQM for the "favourable" rating it gave the Shield Master Fund. Court documents show that SQM also rated First Guardian ...