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Showing 371 - 380 of 1395 results for "MAG"

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance. The latest Rainmaker data shows $35 ...

Institutional Shareholder Services to acquire Rainmaker Information

MICHELLE BALTAZAR  |  THURSDAY, 22 JUL 2021
Rainmaker Information (Rainmaker), publisher of Financial Standard, this month signed a definitive agreement to be acquired by Institutional Shareholder Services (ISS), a leading provider of corporate governance and responsible investment solutions ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ...

VanEck opens Perth office

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
The ETF issuer has opened a Perth office, and added four to its team. VanEck Australia is staffing its Perth office with Danica Warren as a business development manager, who joins from FIIG Securities. It has also added three business development associates ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Magellan Financial Group reported $351 million in net outflows in the June quarter. This included $260 million in net retail outflows and $91 million in net institutional outflows. Magellan ended the June quarter with $113.9 billion in total FUM, up ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...

UHNWs drive record luxury real estate demand

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
According to research from Knight Frank, it's never been a better time to be a property developer or real estate agent catering to the needs of the super-rich. Demand for prime residential properties in Australia is at an all-time high, and Knight Frank ...

Stake taps FinClear for ASX offering

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
Magellan-backed FinClear has been selected by Stake for trading, execution and clearing services as it moves into Aussie equities. Commission-free digital brokerage platform Stake recently announced it will add Australian equities to its platform, after ...