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Showing 361 - 370 of 1638 results for "Selling"

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... companies listed in Asia or with significant exposure to Asia that are currently undervalued by the market while also short selling securities which VGI thinks are vulnerable to a material decline in price. VGI Partners executive chair Robert Luciano ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... liquidity crisis in 2019 and missed its FY19 interim results deadline. Freedom came under fire during the Royal Commission for selling a life insurance policy to an intellectually disabled man.

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... holdings. In traditional market making, an ETF issuer uses a third-party called a "market maker" who is tasked with buying and selling securities as people move in and out of the ETF. In return, the market maker gets to keep the difference on the securities' ...

Deeming rate calculations should be independent: Poll

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... adding the Government might also explain exactly how it calculated 1% and 3% as the right rates. The new spot poll asks if selling direct life and consumer credit insurance via unsolicited phone calls should be banned.

Shorting doesn't have to be risky: Solaris

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... to explain Solaris' preferred shorting techniques and to dispel what he sees as some of the misconceptions about short selling. "Used effectively, shorting techniques can enhance returns without having the commensurate increased risk," Martin said. Solaris ...

Standard Life Assurance fined for hawking non-advised annuities

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... Conduct Authority found SLA offered its call centre staff "significant bonuses and rewards" if they exceeded targets for selling annuities to customers who did not get financial advice. Nearly 22% of sales staff received more than 100% of their base ...

OnePath receives first Life Code sanction

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2019
OnePath is the subject of the first sanction to be issued by the Life Code Compliance Committee for failure to stop selling a non-compliant product and remediate customers by an agreed deadline. In July 2017 OnePath self-reported its ANZ Loan Protection ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... people despite the fact they were ineligible to claim under their policy, and added telephone sales staff use high-pressure selling and other "unfair sales practices" when selling CCI. ASIC commissioner Sean Hughes said the corporate regulator was "deeply ...

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... Australians are protected and advisers are paid faster, NEOS managing director Brett Yardley said. "Historically, advisers selling risk-only super policies have regularly encountered delays due to high rejection rates from superannuation funds because ...

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... end. It was owned 50-50 by shareholders of Coolabah and Yellow Brick Road. Yellow Brick Road yesterday announced that is selling its stake to Coolabah for a purchase price of $7.5 million, giving the latter 100% ownership of the business. There will ...