Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 1143 results for %22Seven Group%22

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... June 2023 and then in September 2023. The further $4.3 million was paid to more than 1500 retail clients across the other seven providers because of issuing CFDs that exceeded the permitted leverage ratio limits. Some clients received tens of thousands ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... period. The bank is currently in trouble with ASIC for allegedly neglecting more than 200 customer hardship requests over a seven-year period. Westpac blames it on "technology failure". ASIC has commenced civil penalty proceedings in the Federal Court ...

Regal Partners nabs Charlie Aitken

ELIZABETH FRY  |  FRIDAY, 3 NOV 2023
... management business - Aitken Investment Management - was sold in a management buyout. He ran investments at AIM Funds for seven years. The firm is now called Constantia Investment Partners. Previous roles include head of sales for Citigroup and executive ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... raised a cumulative US$2.9 billion in committed capital across a range of closed-ended funds, typically with fund tenors of seven to 10 years. The firms said significant opportunities exist for both to broaden their existing investor base, with Taurus ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
Future Super Group is ramping up its growth strategy, entering the default super space with the acquisition of GuildSuper. The deal with GuildSuper will see Future Group add about $2.77 billion in funds under management and 99,000 members. This includes ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
... organisation's Australian mandates business platform. Other roles include manager of infrastructure at UniSuper for seven years. He also spent two years at Frontier Advisors as head of infrastructure and a further five years at Mercer as an actuarial ...

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... KPMG's superannuation and actuarial practices, a role she's held since April 2022. Before that she spent more than seven years as the managing director of superannuation at BT Financial Group before leaving for personal reasons. Between 1993 ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... alternative asset classes such as infrastructure and real estate stacked up reasonably well. Macquarie Group recorded a seven-place gain in rank to be in the world's top 50 this year, up from 55 the year before," Mao said. "Another factor that saw ...

Forager to delist Aussie LIT

KARREN VERGARA  |  MONDAY, 16 OCT 2023
... opportunities". It listed on the ASX in 2016. In the three months to September, FOR fully exited stakes in Qantas and Seven Group. Its top five holdings are RPMGlobal Holdings, ReadyTech, Tourism Holdings, Healthia, and Gentrack. FOR's net asset ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... million in its 30 June 2023 financial report, for a total consideration of $80.0 million. The assets in question, Botanicca seven and nine office properties located in Melbourne, were marked as "assets held for sale" in GARDA's recent financial report. ...