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Showing 451 - 460 of 4549 results for "Holding"

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... current CSF regime, only fully paid ordinary shares can be offered. Hirehood's nominee arrangement resulted in investors holding only an equitable interest in the fully paid ordinary shares, rather than full legal and equitable ownership rights normally ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
Lazard Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF. Commencing trading on Cboe today, the Lazard Global Listed Infrastructure Active ETF (GIFL) is a unit class of the $2 billion Lazard ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... overnight, adding that "it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady". From June 12, interest rates on refinancing operations, marginal lending facility, and deposit facility will ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
The Capgemini Research Institute's World Wealth Report 2024, released today, shows high-net-worth individuals (HNWIs) and their wealth hit unprecedented levels in 2023, driven by a rebound in the global economic outlook. According to the report, global ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... O'Callaghan also rejected Active Super's claims that an ordinary or reasonable consumer would draw a distinction between holding shares in a company and indirect exposures through a pooled fund. "It seems to me that such a consumer would not ...

Pollaers to chair AFCA for another three years

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
John Pollaers will continue as chair of the Australian Financial Complaints Authority (AFCA) for another three years. Pollaers, who has served as the independent chair of AFCA for the past three years, has been reappointed to the position. This second ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
EQT Holdings has confirmed it has completed of one of two key strategies to achieve synergies when it acquired Australian Executor Trustees (AET). At the time of acquisition, Equity Trustees announced its intention to exit the AET platform business ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... while Block Earner, which invested in cryptocurrency, operated an unregistered managed investment scheme (MIS) without holding an AFS Licence (AFSL) with respect to the "Earner" product, the company was relieved of any liability to pay a fine. "The Court ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
Monochrome Asset Management has launched an Australian Bitcoin exchange-traded fund (ETF). The ETF, which holds Bitcoin directly, is now available for trading on the Cboe Australia exchange. The Monochrome Bitcoin ETF's (CBOE: IBTC) holdings are stored ...

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house. GDG will scoop up an additional 61.9% stake in Lonsec valued at $197.4 million. About $155.4 ...