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Showing 21 - 30 of 6283 results for "securities"

Wingate-backed non-bank lender prices $1bn RMBS

CHLOE WALKER  |  MONDAY, 26 FEB 2024
A local non-bank mortgage lender, backed by Wingate, has priced the largest inaugural residential mortgage-backed securities (RMBS) public term issuance of its kind as it readies to launch a retail fund. The transaction is said to be the largest inaugural ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... growth ambitions. Following a competitive tender process, HSBC was selected as that partner. HSBC head of markets and securities services, Australia and New Zealand Nick Wheeler said: "Our local presence in both Auckland and Sydney, together with our ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... financials. The group's NPAT for 1H24 was more than 4000% higher at $27.8 million, primarily due to offloading Morrison Securities. Despite the sale, revenues also increased, coming in 43.7% - or almost $20 million - higher at $62.8 million. Normalised ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
A $16.6 billion fund manager has named Citi Securities Services as its new custodian and fund administrator. Ausbil Investment Management awarded the mandate following incumbent custodian NAB Asset Servicing (NAS) exiting the market. NAS has referred ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... for advisers and their clients," he said. Looking at other authorisations, the number of advisers who can advise on securities has declined 14.9% over three years. Meanwhile, derivatives and foreign exchange contracts have seen the largest percentage ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... Artificial intelligence could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... when employed as a trader and analyst elsewhere. His previous employers include Silverstone Proprietary Trading, ACY Securities, AxiTrader and City Index. Despite not having a licence to provide financial product advice, Sandiford told prospective investors ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... launched in December 2012, aimed to achieve long-term capital growth by investing mainly in equities and equity-related securities of Asian companies. Its objective was to benefit from the growing consumption activities of the Asian region, excluding ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... and accountancy marketplace. Yield Report provides an online news portal focusing solely on fixed income and yield securities.