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Showing 371 - 380 of 4497 results for "Case"

M&A and IPO the 'gamechangers' for 2025: Expert

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
Providing an outlook for the new year, Fidelity International portfolio manager Casey McLean said M&A and IPO activities will likely increase, noting there are a list of companies anticipated to make the foray into the public markets across the US and ...

January Capital raises $136m for APAC growth credit fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
The Singapore-based investment firm has raised more than $136 million (US$85 million) on the first close of its Growth Credit Fund, with the strategy focused on growth-stage technology companies. January Capital secured commitments from financial institutions ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
The government has announced an additional allocation of $401 million over four years to help implement payday super, due to begin 1 July 2026 - requiring employers to pay their employees' superannuation entitlements at the same time as wages. Advocacy ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... clients, representing 83% of its Australian client base. The regulator said retail clients trading financial products - in this case, crypto derivative products - have important rights and consumer protections under Australian financial services laws. ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... activities, as well as gain additional insights that lead to better products and services. Taking the $37 billion State Super as a case study, the super fund uses reinforcement learning (RL) models that inform asset allocation tilts and help structure ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... Finally, under section 921E(3), the adviser did not demonstrate the value of diligence under the Code of Ethics. In another case, "Mr. W" two years ago recommended a client make a tax-deductible contribution to superannuation to reduce the tax liability ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Hostplus published its inaugural Service Standards Report, aimed at improving transparency and accountability, with hopes other funds will follow suit. Hostplus chief executive David Elia said the report provides a comprehensive view of the volume ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... "properly designed and marketed to the right consumers." A Kraken spokesperson said it was "disappointed with the outcome of this case." "... we believe this case highlights the urgent need for bespoke crypto legislation to address the shortcomings that ...