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Showing 341 - 350 of 2179 results for "In March"

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and for the appointment of provisional liquidators after action was taken against Ascent director ...

Boutique takes over Mason Stevens fund

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
... Fund. Mason Stevens remains the responsible entity of the fund. Fixed income and credit manager Torica Capital launched in March with backing from Clime Investment Management. The boutique was founded by former Kapstream Capital managing director Raymond ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... Eyk's former chief executive and largest shareholder, was charged with four counts of dishonestly using his position in March last year and pleaded guilty in Downing Centre Local Court this week. In its case, ASIC alleged that over a three-week period ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... Centre for Corporate Responsibility said the change in leadership is overdue. "Well before the demerger was announced in March 2021, institutional investors expressed their frustrations with the lack of leadership at AGL," the ACCR said. "With the abandonment ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
... closed last month and assets transferred to Smartsave. Meanwhile, Brightday, MYONESUPER and Super Prophets were closed in March and rolled into YourChoice. Remaining under the OneSuper umbrella is Smartsave, Superhero Super, YourChoice Super and Pearl ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... managed accounts continue to be the driving force in Australia's platform market. Total FUA now sits at $175 billion. In March, IMAP estimated the market to be at $131 billion as at 31 December 2021. Of the past five years, to December 2021, the ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... showing a relatively stable five-year trend of lump sum benefit payments of around $20 billion spiking to $37 billion in March 2020. Logically, APRA charting made clear that during the period of the early release scheme net contributions flows dipped ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... cooperated with Commission staff in its investigation. The Division of Enforcement's Climate and ESG Task Force was formed in March 2021, and among other things, it analyses disclosure and compliance issues relating to investment advisers' and funds' ...

Citi names new head of securities services

CASSANDRA BALDINI  |  MONDAY, 23 MAY 2022
... transformation and growth most notably, Citi Australia's client transfer agreement with RBC." The transfer was completed in March this year and saw 26 new clients and 140 new staff members added to the securities services team. Luet said the company ...

BUSSQ appoints new chair

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... continue with its existing structure, assuring members the fund is in safe hands. Three new directors were appointed in March in Geoff Baguley, Paul Hick and Taylor, then this month saw the return of former BUSSQ chief executive Linda Vickers as a director ...