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Showing 371 - 380 of 6196 results for "Statement"

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... the whistleblower protection rule Rule 21F-17(a) of the Securities Exchange Act of 1934. Florida-based GQG said in a statement: "GQG takes its regulatory compliance obligations very seriously. We appreciate the professionalism displayed by the SEC staff ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... central banks which have already begun the easing phase. "The RBA is still focused on its high inflation challenge. The statement intentionally pointed out that although headline inflation is set to come down in the coming period, the RBA will remain ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... sustainably toward 2%, and judges that the risks to achieving its employment and inflation goals are roughly in balance," a statement from the Fed reads. "In considering additional adjustments to the target range for the federal funds rate, the committee ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
ASIC's case against Rest, in which it alleged the super fund misled members about their ability to transfer superannuation out of the fund, has been thrown out by the Federal Court. The case focused on Rest's past practices around rollover requests ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... than more modern account-based income streams in terms of valuation and payments setting, according to an explanatory statement issued by assistant treasurer and minister for financial services Stephen Jones. "Although market-linked income streams have ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... investment manager does not believe that this situation will change in the foreseeable future," Perpetual said. In a statement to Financial Standard, Wheelhouse Investment Partners managing director Alastair MacLeod said: "Following a thorough and considered ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... offer investors a powerful opportunity to access and support the next phase of infrastructure development." In a joint statement, the co-founders of Orion3, Rowena Chu and Harry Chang, said: "We are excited for this opportunity to partner with Muzinich ...

Janus Henderson to manage new tokenised treasury fund

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... and the need to underpin digital investments with stable, liquid stores of value, like US Treasury bills," he said. A statement from Janus Henderson said that blockchain readiness and tokenisation are key pillars of its innovation strategy. It also said ...