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Showing 401 - 410 of 4546 results for "October"

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from the court. The bank said there "remains uncertainty" ...

Licensees pay $92m in compensation

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... increase of eight percentage points. ASIC said a key driver for this increase was the release of ASIC Instrument 2023/589 in October 2023, which meant that licensees were no longer required to report certain misleading or deceptive conduct breaches that ...

Charter Hall, Hostplus bid price for HPI reduces

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... "offer significantly greater value to HPI securityholders." Charter Hall and Hostplus made their "best and final" offer on October 18 for HPI, which owns 59 pub and hotel properties nationwide. They initially offered $3.65 per share, which the HPI board ...

Warakirri terminates Flinders fund

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... the small-cap market has bottomed three times at almost exactly the same level - in June and September last year, and in October this year... Each time it's bounced quite well and looking like it's doing the same thing now as after each of those ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... application of the National Credit Code. The loans totalled more than $37 million and were made between March 2019 and October 2023. ASIC said Oak Capital deliberately required companies to be named as the borrower when it knew the loans were intended ...

UBS terminates Future Leaders small cap fund

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
... small cap "future leader" stocks, designed to provide investors with exposure to high-quality companies, was wound up on October 18. The strategy sought to identify winners early and capture emerging and durable growth. It was launched in December 2022. ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... global environment sustainability and resource efficiency. It is currently listed on the ASX (NNWH), trading at $1.17 as at October 30. NNWH is the second ASX-listed fund by Nanuk, with the Nanuk New World Fund (NNUK) listed more than two years ago. ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... Multi-Manager Single Sector manager change. For example, CFS Fixed Interest will have a new allocation to its managers as of October 31: Macquarie (50%), Wellington (19%), Loomis Sayles (10%), Colchester (11.5%), and Morgan Stanley (9.5%). Franklin Templeton ...

BlackRock lowers management fees on ETF

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... also reduced the management fees on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund, effective October 1. For the Australian Alpha Tilts Fund, the management fee charged in the S Class of the Fund was reduced from 0.29% to 0.24% ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... specified that Next Gen must continue its membership of the Australian Financial Complaints Authority (AFCA) until 17 October 2025. Understood to have failed to comply with the above, ASIC cancelled the licence on October 18. Next Gen had previously ...