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Showing 431 - 440 of 1584 results for "Light"

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... to the suspension order, Ausfunds raised sufficient funds to rectify its net tangible assets deficiency," ASIC said. "In light of this, ASIC revoked the AFS licence suspension on April 21 2020." ASIC said responsible entities with an AFSL are required ...

Platform to shine light on structured products

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
An investment platform is promising to shine light on the opaque structured product market, helping advisers and their clients understand more about the traditionally exclusive offerings. Local fintech Stropro has launched a new reporting solution designed ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... uncertainty for investors who previously were unsure of how long the lockdowns would be in effect," he said. "There's now some light at the end of the tunnel, and it appears that (locally at least) we managed to avoid far worse scenarios." InvestSmart ...

Death of dividends greatly exaggerated: Epoch

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
... the ability of many companies to pay dividends has actually improved over recent years. "Most firms are pursuing "capital light" business models. They are substituting technology for both labour and physical assets at a pace never seen before," McIntyre ...

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... alternative arrangements for small caps manager Flinders. Soon after the March 18 announcement, EQT gave Prodigy the green light to run its fund, deciding it was in the best interest of the investors. Flinders' investors have now been advised the ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
Treasurer Josh Frydenberg has announced changes to the Corporations Act, in a bid to relieve Australia's public companies from financial stress over the coming months. The changes, enacted from May 5, allow companies to hold virtual Annual General Meetings ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... financing) as joint equity investors in the purchase. APRA and Foreign Investments Review Board (FIRB) have given the green light to the three entities to take over Diversa, CCSL and Tidswell. The acquisition was completed this month and done through ...

Capital retention policies may hit investors: Research

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
... look at how they evaluate companies. "We are in the process of analysing whether we need to amend our normal processes in light of current market conditions. I expect other managers will be doing the same," he said. "A critical point is that it is not ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... providing the financing) as joint equity investor. APRA and Foreign Investments Review Board (FIRB) have given the green light to the three entities to take over Diversa, CCSL and Tidswell. The acquisition was completed this month and done through a ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... decades," he said. "At the same time the crisis could also be the catalyst for the banking system to be seen in a very different light from recent history." The banks have already stepped up with loan deferments and other forms of financial support ...