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Showing 361 - 370 of 3727 results for "Seven"

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The former director of DanFX, an unlicensed foreign exchange trading business, has been sentenced to seven years and three months imprisonment for fraud. Daniel Farook Ali was sentenced in the Brisbane District Court after an investigation by the Australian ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... investors in Australia, it is very different. What's different is the fund's structure: 15 investments at any one time, with seven of those investments occupying up to 70% of the fund. It's highly concentrated," he said. "Coming from an alternatives ...

ASX loses technology and data head

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... leaving the exchange. Group executive for technology and data Dan Chesterman is set to depart in the coming months to end a seven-year run with the ASX. Chesterman joined the ASX in September 2017 as chief information officer before moving on to become ...

Jim Lamborn retires from JANA

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... business strategy, including product development. Then, in 2015, Lamborn was named chief executive, a position he held for seven years before transitioning into an executive director role in December 2022. At that time, Georgina Dudley was appointed ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... income capabilities, expanding Australian Ethical's bond fund portfolio, and growing its sustainable investment team to seven. Australian Unity will also become one of Australian Ethical's largest institutional clients. The ethical investment management ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... (AFP) investigation into money-laundering scheme under the code name "Operation Avarus-Nightwolf". The AFP alleges that seven syndicate members laundered nearly $229 million via the Changjiang Currency Exchange's criminal enterprise with accomplices ...

Spaceship appoints new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... in risk management and financial services, about half of which has been spent in financial regulation. He spent more than seven years in senior roles at ASIC, predominantly in the investment managers and superannuation teams. He's also previously spent ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
Colonial First State (CFS) flags it will appoint seven new managers to take over several mandates that will be vacated by First Sentier Investments (FSI) following the shock closure of four local investment teams. CFS has said it has been "actively ...

Price dislocations pave way for active managers

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... being active," she said. Many investors would argue that equities appear too expensive now, particularly the Magnificent Seven stocks of Tesla, Alphabet, Amazon, Apple, Meta, Nvidia, and Microsoft. Compared to their 2021 levels, Liu said the Magnificent ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... 22,000 members that it hoped to convert, estimating this would give it about $1 billion in funds under management. About seven years later, it's still yet to achieve such numbers. As at December 2023, Spaceship had 21,340 member accounts and $773 ...