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Showing 4361 - 4370 of 28259 results for "NOT"

October proves kinder to Magellan

CHLOE WALKER  |  FRIDAY, 4 NOV 2022
... manager of global scale once more with over $100 billion in funds under management after five years," he said. "This will not be growth for the sake of growth. It will be considered growth, driven by creating long-term shareholder value."

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
... has changed its reporting to reflect fluctuations in asset enterprise values to ensure that carbon intensity reductions are not overstated. Cbus said the fund has adopted the methodology proposed by the European Union (EU) in its minimum standards for ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... materially undervalues the company. "This offer is uncertain and conditional, and the Perpetual board believes that it is not in the best interests of its shareholders to engage on this offer and has therefore rejected the offer," Perpetual said. Perpetual ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... prior. FPA chief Sarah Abood said: "The last few years have seen significant change for the financial planning profession - not always for the better." "Our approach this year has been to find areas where the many disparate stakeholders across financial ...

Financial adviser registration delayed

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... sanctions available to the single disciplinary body would be to remove a person from the register but effectively while that's not implemented, ASIC can still make a banning order," Miller said.

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... (or other recipient) and that this conflict creates a real risk that the quality of the advice provided by the adviser is not as good as it would be if they were paid a fee by the client for their advice." However, she said the risk is diminished by ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... were Australian Retirement Trust, Australian Catholic and Superannuation Fund, MLC, Telstra Super and Mine Super. Meanwhile, not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus ...

Another ban for Sirius Financial

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
... tactics and provided personal advice on behalf of Sirius Financial when it was unlicensed to do so. ASIC said that Bringans "is not adequately trained and competent, that he is not a fit and proper person to provide financial services, and that he ignored ...

Investment teams hire two men for every woman: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 2 NOV 2022
... uncover the uncomfortable truth as to how underrepresented some minority groups continue to be in our industry. Diversity is not just about recruiting individuals to meet a quota, it is about seeking out candidates who will bring valuable new perspectives ...