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Showing 21 - 30 of 11467 results for %22L1 Capital%22

ASIC ends legal battle: Provide Capital's appeal quashed

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Federal Court has dismissed an appeal by Provide Capital; it must now comply with a notice issued by ASIC to produce documents and pay the regulator's legal costs. ASIC had previously served a notice on Provide Capital to produce documents as part ...

Boutiques, quant funds shine among active funds

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... outflows, Morningstar research finds. MQG Investment Management, Metrics Partners, Real Investment Management, and Resolution Capital were among the standout active managers in the year to January, raking in inflows of $1 billion and over. Morningstar ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
Iress will sell its UK mortgages business to Bain Capital for $164.3 million before costs. The financial software firm said the sale is a big step in its ongoing transformation strategy to sell-off non-core assets. The net proceeds from the sale will ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... understanding that their money would ultimately be repaid, together with a return for allowing Finder Wallet to use their capital," ASIC said at the time. Customers in Finder Earn would deposit money in their accounts which was then converted to AUD-denominated ...

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... Meantime, Samantha Powell is now head of marketing and communication at the broker platform. She joined in January from Pallas Capital. She has previously worked at the likes of Vanguard, NAB, BT and Macquarie. "We welcome Samantha's strategic approach ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... area of the market is growing as consolidation in the sector continues and large-scale advice businesses require further capital to grow," Centurion said. "In nearly every case our experience is that this valuation will be related to the profitability ...

Advanced ETP portfolios come at higher cost, complexity

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
Investors can opt for a more advanced portfolio of exchange-traded products (ETPs), but this comes with increased fees and complexity. According to Rainmaker Information, constructing a balanced portfolio with intermediate ETPs, which target systemic ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... private asset markets have slowed down, it will also focus on creating value within its exiting portfolio and provide them capital to grow and build advantage in their markets. Since its inception in 1990, Ontario Teachers' has posted a 9.3% annualised ...

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... Asia. Louis will lead New Forests' Asian investments team in identifying and acquiring investments in the natural capital space in Southeast Asia. He has over 23 years of experience in investment banking and alternative asset investment in Asia across ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... initiatives. Based on the UK's system, the grid affects the banking, credit, insurance, superannuation, investment, payments, and capital market entities. ASIC, APRA, the Australian Competition and Consumer Commission (ACCC), Reserve Bank of Australia ...