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Showing 341 - 350 of 3445 results for "Update"

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
Eildon Capital Group has offloaded its interest in four funds for $3.63 million to Trilogy Group. The ASX-listed firm entered a binding sale agreement with Trilogy to divest its management rights and direct co-investment stakes as part of a strategic ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
Eildon Capital Group flagged that Trilogy Funds is interested in buying "certain assets" from the ASX-listed company but stopped short of confirming a full acquisition. Eildon confirmed it is in discussions with Trilogy relating to a proposed transaction ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... lowered its fair value estimate for the 138-year-old wealth giant. However, it says things aren't all bad. In a quarterly update yesterday, Perpetual disclosed $8.9 billion in outflows, primarily driven by an exodus of mandates at Pendal Asset Management. ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
ANZ has provided an update on its investigations into its Australian Markets business in relation to a 2023 bond transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... organisational character that has made us both successful and a place where very good people want to be," Townsend said in her first update since taking the helm three months ago, replacing Matt Whineray who left late last year. NZSF returned 16.85% ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... results will be impacted by "a significant increase in remediation for legacy quality of advice" issues. In a quarterly update, Insignia Financial confirmed it is adding $135 million after tax to its remediation bill for FY24. Of this, close to $60 million ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
Aware Super announced it closed its fixed interest fund on June 11 citing a lack of demand for the product. The super fund said it regularly reviews its products and given demand for the Fixed Interest Fund, recent performance, and future performance ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... the risk governance cultures of APRA-regulated entities, their directors, and most senior executives. As part of the new update, ASIC and APRA have released an amendment to the regulator rules, which prescribes the key functions information for inclusion ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
A Western Australian financial adviser was permanently banned after he lied to his employer and clients about having passed the Financial Adviser Exam. Dashiel Benjo Vee, also known as Dash Vee, is banned from providing financial services, controlling ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... of investing in this emerging asset class for individual and institutional investors," according to the PDS. In a June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower that month ...