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Showing 21 - 30 of 4998 results for "Yes"

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... involved in a financial services business for 10 years. At the same time, the court ordered WRM and its related companies, Yes FP and Jeca Holdings, to pay $7.15 million for providing 'fast cash' to financially vulnerable clients, which was followed ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
The looming threat of sporadic, extreme market volatility presents an opportunity for active managers to capitalise on fluctuating asset values, GSFM advisor Stephen Miller says. At an event yesterday, Miller described the current financial landscape ...

Diverger shareholders welcome Count takeover

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
Diverger shareholders have given Count their seal of approval to acquire the company in a landslide voting result. An overwhelming 99.97% of shareholders voted in favour of Count taking over the company at yesterday's scheme meeting. In the lead up ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... they would be interested in using funds already invested in their super to pay for a retirement plan, 61% of Australians said yes. The strongest interest was from younger Australians aged 25 to 29. Three in four men (76%) and a similar number of women ...

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
On their debut day, spot bitcoin ETFs recorded a total trading volume of over US$4.6 billion, after being approved by the Securities and Exchange Commission (SEC). Following approval to convert its US$28 billion primary bitcoin trust into a spot ETF ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
Prime Super has appointed Citi Securities Services as its new custodian after a seven-month search, breaking ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
After its bid to acquire Perpetual was rejected, Washington H. Soul Pattinson (WHSP) has increased its ownership in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
For new money, the current income landscape is the most attractive it's been in at least a decade, according to Morningstar chief investment officer Matt Wacher. Wacher, who shared his top investment ideas in Morningstar wealth's 2024 outlook report ...