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Showing 371 - 380 of 6085 results for "trading"

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... economically viable to maintain the Fund as a dual-access fund by continuing to have the fund's units admitted to trading status ("Active ETF units") and remain quoted on the ASX, given the lack of support for the fund's strategy in the listed ...

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... account, @holly_fxtrends, to their collective 4.5 million followers. This now-deleted account was doling out advice on trading complex financial instruments without proper authorisation. The UK's Financial Conduct Authority (FCA) alleges that between ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... and Glennon argued that excluding the Centrepoint Alliance investment, Sequoia has lost close to $1.4 million dollars in trading activities. Jones and Glennon, who is the founder of Glennon Capital, also stated that Sequoia has suffered reduced adviser ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... Asset Management has advanced the conversion process since it was flagged in October of last year, in a bid to address MGF trading at discount to its net asset value (NAV) per unit. Despite MGF being a closed class vehicle that delivered 34.5% net of ...

Price dislocations pave way for active managers

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... break down the entire global equity market, by regions, I would still argue that apart from the US, none of the regions is trading at much more expensive level than their historical averages." Financial Standard is the media partner of the 2024 Stockbrokers ...

Bell Financial Group launches Tandem Securities

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... Group has today launched Tandem Securities, an end-to-end platform that provides wholesale and institutional clients with trading, clearing, and investment services. Bell Direct chief executive Lee Muco told Financial Standard at the Stockbrokers and ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... in the US is digital investment platforms like Fidelity, which have been driven by the expansion of commissioning-free trading. At other end of the spectrum, registered investment advisers, which are 100% fee-based fiduciaries, are the next fastest-growing ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... ITF Principal Superannuation Fund - over concerns related to the misappropriation of client funds and unauthorised share trading. The investigation, still in its early stages, is expected to take at least nine months. As part of the probe, ASIC has conducted ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... of bad behaviours. It's unsurprising..." Super Consumers Australia has now called on the government to ban unfair trading and end inappropriate advice spruiking or cold calling altogether. "Unfortunately, some funds and advisers are forgetting the ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... they need to uphold the highest standards. "They have a central role in detecting, preventing and disrupting suspicious trading activity, particularly in periods of volatility as was the case here," she said. "The MDP's decision emphasises that market ...