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Showing 481 - 490 of 6715 results for "Securities"

Citi broadens custody offering

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
Citi Securities Services has introduced capabilities to support dual-access exchange-traded funds (ETFs), affording investors the flexibility to access funds via an exchange or unlisted distribution channel. The global custodian now distinguishes itself ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... shortfall. Justice Moshinsky said that if the information had been disclosed by ANZ, persons who commonly invest in securities would have expected that the underwriters would promptly dispose of allocated or acquired placement shares, placing downward ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... and acquisitions with AXA, including the sale of AXA Asia Pacific to AMP and, before that, the integrations of ipac Securities, Challenger Financial Planning and Genesys Wealth Advisers, and Sterling Grace. "... Ian will play an integral role in enhancing ...

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 ...