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Showing 4891 - 4900 of 22787 results for "Funds"

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. The association points out that the products and ...

Greenwashing scrutiny needed: Evergreen

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
... trend in the investment universe today," Evergreen founder Angela Ashton said. "Investors are increasingly attracted to funds labelled ESG, or socially responsible, on two counts: namely a desire to support ethically and environmentally responsible actions ...

SMSF fraudster loses appeal

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... the trial judge to convict on the six counts of fraud and that the evidence demonstrated Mr Gore had continued to secure funds from the investors after December 2013 without disclosing there was no real prospect of them being repaid," ASIC said in a ...

Perpetual AUM rises

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... $24.7 billion which it said was driven by an improvement in net outflows and market movements. So far, the two Trillium funds that launched in Australia in August 2020 have seen $173 million in flows. "Our asset management teams across the globe have ...

Get your ducks in a row before you think of an IPO

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
... public, according to HLB Mann Judd partner Marcus Ohm. Ohm says an undertaking with APRA or ASIC can preclude a wealth, funds management or insurance business from listing. "It would depend on the nature of the particular issue. A requirement for the ...

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  THURSDAY, 22 JUL 2021
... failed to act in the best interests of three clients after he failed to make enquiries about their existing superannuation funds and proceeded to not put adequate measures in place to ensure the funds were transferred in accordance with his advice. The ...

Boutique appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 21 JUL 2021
... built an impressive leadership team and has established the business as a global infrastructure investment manager growing funds under management from NZ$2.1 billion in 2009 to NZ$21.5 billion today," Morrison said. The firm was founded in 1988 and manages ...

MSC Group hires three

KANIKA SOOD  |  WEDNESDAY, 21 JUL 2021
... the role for a new dealer group. At Sandhurst, Williams led three operating teams with over 140 mandates and $8 billion in funds under supervision. MSC Group has also appointed two new co-leads for its fund administration business MSC Abacus. Sachin ...

Dexus to develop Atlassian HQ

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... April, the Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund won shareholder approval from both funds to merge.

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
... have the covenant come into effect in July 2022. The new paper, released July 19, proposes a framework for superannuation funds to develop retirement products for their members. "The covenant will place a key obligation on trustees to formulate, review ...