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Showing 381 - 390 of 6694 results for "securities"

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... revealed that Active Super held investments in Russian stocks through two emerging market funds but begun divesting those securities after the invasion. But ASIC argued that LGSS held nine investments in Russian companies, including Rosneft Oil, Etalon ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of retail over-the-counter (OTC) derivatives issuer XTrade. XTrade offered clients opportunities to trade in contracts for difference ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
Speaking at the Australasian Investor Relations Association event, Australian Securities and Investments Commission (ASIC) commissioner Simone Constant gave a stern warning to Australian superannuation funds. Constant said financial reporting of listed ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of Aurora Funds Management until 20 September 2024. Aurora is the responsible entity of six registered managed investment schemes ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... for fraud. Daniel Farook Ali was sentenced in the Brisbane District Court after an investigation by the Australian Securities and Investments Commission (ASIC). Ali pleaded guilty to five counts of fraud totalling $771,303 relating to his misappropriation ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
The Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs for BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... considering all available options," Fidelity told investors. The strategy invests at least 70% of its assets, in debt securities that include investment-grade corporate bonds and government bonds of different maturities, below-investment grade and emerging ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Global Bond team since 1998. The actively managed fund focuses on a broad universe of investment-grade fixed income securities globally, hedged to the Australian dollar. Equity Trustees has been appointed as the responsible entity of the fund. Loomis ...

Bell Financial Group launches Tandem Securities

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
Bell Financial 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 ...