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Showing 421 - 430 of 4658 results for "LED"

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... stable, regulated product; the advice to sell the original investment was clearly unsuitable; and the advice to invest elsewhere led to significant losses. "Let's say a client was advised to switch from an APRA-regulated superannuation fund to a ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... the plug on its investment in WiseTech over governance issues - an example that Pearce said can be problematic in founder-led companies. "[We're] not going to knowingly go to an investment where we think that there's a big red flag over the governance ...

Russell Investments, Reach Alts team up to expand private market access

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... capabilities to enhance its suite of wholesale funds, which provide access to global private markets. The partnership has also led to the launch of the Reach Global Private Infrastructure Fund, which gives wholesale investors access to unlisted infrastructure ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... markets. "When I think about regulation, I'm not talking about more rules. I'm talking about levers. Some of them can be led by organisations like ACSI, as to what the best practice is. But I think the question of regulatory complexity and what's ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... auditors that failed to detect fraudulent activities in their SMSFs. Michael Chapman, a director at Mackay Chapman, which led the class action, said the settlement was a "good outcome" for the victims and was achieved efficiently. The Melbourne-based ...

Plenary names new chief executive

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... is part of a long-anticipated leadership succession process. "Paul has been at the forefront of Plenary's growth having led our origination function and driven our successful expansion into the Middle East and European markets," he said. "The board ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... minimising regulatory burden, and facilitating competition and innovation," Treasury said. "While primarily a supervision-led regulator, APRA also uses enforcement to prevent and address serious prudential risk and to hold entities and individuals to ...

Regal leads $30m note in Carma

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
Regal Funds Management and Tiger Capital have led a $30 million convertible note in used car marketplace Carma, with participation from existing backers like General Catalyst and Five V Capital. The funding will be used to expand Carma's vehicle inventory ...

Holding mega-cap stocks could be detrimental: Research

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... long term is detrimental for investors. The research found that the recent period of extreme concentration in the US market, led by the performance of the Magnificent Seven mega-cap stocks, points to an opportunity for institutional investors to diversify ...

AZ NGA practices merge on road to 'super firm'

MATTHEW WAI  |  WEDNESDAY, 26 MAR 2025
... different advice propositions, including a lower cost service, to make advice more affordable and accessible," Cook said. Led by chief executive and co-founder Daniel Molesworth and director and practice principal Robert Wood, Foster Raffan iPlan will ...