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Showing 21 - 30 of 906 results for %22ADM Capital%22

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... business, AMP made high-profile Australian Wealth Management (AWM) chief executive Scott Hartley redundant. Following the AMP Capital sales, it said a flatter organisational structure was required and the AWM business was dissolved. Hartley was due to ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... investment products that were not suitable to a client. Melbourne-based Stephen Rogers, a representative of United Global Capital, has been prohibited from registering as an adviser with ASIC until after 6 December 2025. He is also prohibited from giving ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... to make a registration prohibition order under s 921L(1)(c) Corporations Act 2001. Looking closer at the prohibition, Capital Advisory director and financial planner Michael Miller said that mechanics of cancelling registration and then prohibiting registration ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... appeals tribunal. Pamela Anderson was a financial adviser licensed by Financiallink Group, a company with ties to Linchpin Capital and Beacon Financial Group, Endeavour Securities, and Investport. While licensed by Financiallink, now Nextgen Financial ...

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
Melbourne-based Spatium Capital has named True Oak as its trustee and the ASCENT Group as the administrator of its small companies fund. True Oak and the ASCENT Group are expected to oversee the Spatium Capital Small Companies Fund (SSCF) from early ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... since AMP first listed. The group said it will update the market before the end of the year on how tranche three of its capital return program is progressing, with the $50 million added to the settlement to have an impact.

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... on a debt-free, cash-free basis, with the final purchase price adjusted at completion to reflect any retained working capital. WTL chief executive Keith Cullen said the acquisition represents a significant opportunity to continue leveraging its scale ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... the exchange rate, which means that for investors to achieve a 100% hedge, they only need to allocate one-third of the capital, Rochford explained. It requires a minimum investment of $20,000, with the liquidity deliberately set quite high to allow investors ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... demonstrate that through an improved share price and improve business performance," he said. Activist shareholder Sandon Capital recently pushed for former Wallabies captain John Eales to be dumped as a non-executive director of Magellan, flagging it ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... Separately, the fund continues its search for a new investment chief following Norman Zhang's announced move to Koda Capital next month. Zhang's departure was the latest in a series of significant changes within the legalsuper team, following ...