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Showing 451 - 460 of 3878 results for "February"

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... we consider the best course of action is to bring about the timely closure of the fund." The wind-up process began on February 20. According to the fund's factsheet, as at January end it had $494 million in funds under management. Since its May 2019 ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... every Diverger share following a 99.97% approval from shareholders in January. The Federal Court approved the deal on February 15. Count expects to incur $8 million in one-off transaction and integration costs. This excludes Diverger transaction costs ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... investors continues to drag on as the Australian Financial Complaints Authority's (AFCA) released a lead decision on February 15 in a bid to help more than 1900 complainant. This is essentially a template that summarises the core issues and principles ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... SugarMamma TV and SASS Financial, to pay the amount to Businest founder and chief executive Rhondalynn Korolak. The hearing on February 23 reinforced Justice Manousaridis' determination last December, which found that Campbell breached Korolak's ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... 18 August 2023. The Notes have a coupon of three-month BBSW plus 93 basis points, were priced at par and mature on 26 February 2027. Issued in Australian dollars, these Notes are targeted at Australian and international institutional investors, excluding ...

SMSFA reappoints Hay-Bartlem as chair

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... will serve another two years. Hay-Bartlem joined the association as a director in July 2019 and was appointed chair in February 2022. With a background in law, he is a currently a partner at Brisbane-based Cooper Grace Ward, where he has worked since ...

Global X ETFs appoints new chief executive from Goldman Sachs

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... mindset to Global X, and we are excited to have him on board to help take the business to its next level," he said. As of February 2024, Global X held $43 billion in assets under management.

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... members are exposed to disruption and unplanned costs. APRA will welcome feedback on draft SPS 114 and SPG 114 between February 19 and May 13.

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... Consistent with Link's obligations under the SID with The Trust Bank, the board did not declare an interim dividend. On February 12, Link Fund Solutions' creditors scheme, which affects investors in the defunct Woodford Equity Income Fund, was ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... Ahead of the merger, Count has $17.9 billion in funds under advice. With Diverger, this will grow to $30 billion. In February, the group acquired 51% of Solutions Centric, a company that provides offshore SMSF services out of India. The acquisition is ...