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Showing 461 - 470 of 4173 results for "Nov"

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
The Albanese Government has appointed Ruth Owen as the new inspector-general of taxation (IGT) for a five-year period commencing on 15 July 2024. Owen brings a wealth of experience in tax, public sector reform, complaints management and dispute resolution ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
Capital Group - which has US$2.7 trillion in equity assets under management - has identified three megatrends poised to upend industries and kick down the doors to fresh investment opportunities. The Californian headquartered investment manager, that's ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
Barrenjoey Private Capital and Scentre Group have established a jointly managed fund to purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million. CBRE head of retail capital markets - pacific, Simon ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
Ascot Securities was issued an infringement notice by the Markets Disciplinary Panel (MDP) in November last year for serious failures, resulting in a $3.1 million penalty and a requirement to enter an enforceable undertaking. However, Ascot chose not ...

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
Platinum Asset Management has shuttered its London office following the closure of its Platinum World Portfolios. Platinum World Portfolios (PWP), which comprised Platinum's International, Asia ex Japan, Japan and Health Sciences strategies, were UCITS ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
ASIC is appealing the Federal Court's recent decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products. The State Street International Equities Index Trust lost a whopping ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
The ASX announced today that the CHESS replacement project has entered the delivery phase. This follows a decision to proceed with a product-based solution developed by global technology firm Tata Consultancy Services. ASX chief information officer ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
A former Viridian Advisory financial adviser has stepped out to launch a new venture, Freshwater Wealth, which caters to high-net-worth individuals. Sydney-based founder and partner Roger Perrett set up Freshwater Wealth, which is licensed by Centrepoint ...