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Showing 461 - 470 of 6692 results for "Securities"

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... strategic review." "The board remains focused on exploring options to maximise shareholder value," a statement said. BofA Securities and Goldman Sachs are acting as financial advisers to Perpetual, while Soul Pattinson has engaged Macquarie Capital for ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... adviser licensed by Financiallink Group, a company with ties to Linchpin Capital and Beacon Financial Group, Endeavour Securities, and Investport. While licensed by Financiallink, now Nextgen Financial Group, Anderson advised clients of her practice ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... proceedings." For example, in a case concerning high-risk offers, ASIC discovered a provider intending to initiate a retail securities lending program that would have automatically enrolled clients without any vetting and proposed a fee structure disproportionately ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... charges an additional $1 per week administration fee. Members can invest in ASX 300 stocks, 200 ETFs, LICs and hybrid securities. Members will no longer be required to hold a minimum cash balance (currently 2% of overall investments but subject to a ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... in which the Morningstar International Shares (Unhedged) Fund acquired-and within approximately two weeks divested-securities that were inconsistent with its exclusionary screens for controversial weapons exposure." "The error was identified in the ordinary ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... and its aim was to provide returns greater than the 1-Year Bank Bill Swap Rate plus 4% while investing in ASX-listed securities including hybrid securities, bonds, fixed interest securities, bank shares, property trusts, high-yielding industrial shares ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... offers investors access to a diversified portfolio that includes Australian dollar cash and short-term money market securities. According to Betashares, most money market securities in the portfolio have a maturity of three months or less and are issued ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business. The transfer of services from HSBC to BNP Paribas will involve the integration of certain employees within BNP Paribas' expert teams ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...