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Showing 21 - 30 of 6416 results for "December"

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... Federal Court to wind up Prospero Markets "on just and equitable grounds", shortly after its AFS Licence was suspended in December 2023 for failing to lodge its 2023 audited financial accounts. Investors have contacted ASIC concerned about their money. ...

Senior equity manager exits Cbus

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
... July 2016 within the public markets team. After six months, she was promoted to senior portfolio manager of equities. In December 2022, Cbus made five new appointments as part of its strategy to bring investments in-house and build a strong internal ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... product design. Despite the changes, Platinum stressed that its "investment philosophy will not change". The half-year to December experienced net outflows of $1.75 billion and negative investment returns of $100 million. Some $940 million in outflows ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... cryptocurrency exchange. Blockchain Global launched the ACX Exchange in 2017 for cryptocurrency trading and storage, but by December 2019, it collapsed, rendering customers unable to withdraw their funds. Following the collapse other Blockchain Global ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... It launched its first lending trust in November 2021 and a New Zealand equivalent version alongside Credit Suisse in December 2022. Pallas chief investment officer Dan Gallen said this market segment remains unserviced as it falls between the very narrow ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... presented with that opportunity." ASIC has issued 16 other infringement notices relating to greenwashing. Most recently, in December, Morningstar paid $29,820 to comply with two infringement notices over allegations that its investor funds "were exposed ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... year result which saw it take out the top spot among default Lifecycle options, returning 14.7% for the 12 months to December end. In doing so, it beat out the likes of FirstChoice, Mine Super, and TelstraSuper; the median return for default Lifecycle ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... of Company Arrangement (DOCA) comprised of $4 million from E&P (which was fully provisioned in EP1's accounts in December 2022) as well as remaining available insurance proceeds of at least $12 million," the company said. Compensating DASS investors ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 108 APRA-regulated entities with more than six members, dwindling down from 116. There were 614,705 SMSFs at the end of December, growing 3% during the period. Super funds with more than six members reported a rate of return (ROR) of 4.3% from the September ...

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... (ESG) overlay. The fund returned 11.7% per annum before fees and unhedged in USD over a five-year period at the end of December 2023, compared to the Dow Jones Brookfield Global Infrastructure Index's 7% p.a. Copia chief executive Sam Baillieu said ...