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| | | Pendal Group has reported its funds under management dropped over 11% in the June quarter. On Friday the investment manager announced FUM dropped to $111.0 billion in the June quarter, down from $124.9 billion at the end of the March quarter. It reported ... |
| | | | ... fund's board, David Elmslie has been replaced by former QIC chief executive Damien Frawley. Elmslie's term came to an end on Friday, June 30. He was first appointed chair of Hostplus in 2007. At that time, Hostplus had 823,000 members and oversaw about ... |
| | | | ... Former corporate advisor Anthony Torre has been charged after allegedly stealing almost $2 million from his clients. Last Friday, Torre appeared in Perth Magistrate Court and was charged with eight counts of fraud and five counts of stealing pursuant ... |
| | | | ... million. This latest drop in funds under management adds to a string of bad luck for the embattled investment manager. Last Friday, after the latest quarterly rebalance of S&P/ASX Indices, it was announced that Magellan would be removed from the ASX ... |
| | | | ... Group has made a bid to acquire the Australian Unity Office Fund, with support from the fund's largest shareholder. On Friday afternoon, Australian Unity received an all-cash proposal to acquire all the issued units in its Office Fund (AOF) by way of ... |
| | | | ... takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade a quick merger as Musk had discussed the move with Morgan Stanley and Twitter founder ... |
| | | | ... $13,556,584, of which $10,389,645 was accrued interest. This is Mawhinney's second legal fight mounted in a week. On Friday, he appealed his 20-year ban from Financial Services and the $30 million penalty handed down to Mayfair companies. In March ... |
| | | | ... businesses including note issue, payments settlements and banking. Treasurer Josh Frydenberg announced her appointment on Friday, saying the government is looking forward to working with her. Bullock is also a member of the Council of Financial Regulators ... |
| | | | ... 32% of the financial advisers that sat the exam in February have passed. Releasing the results of the February exam on Friday, ASIC said 32.4% or 108 of the 333 advisers in the sitting were successful. Of the February candidates, 73% were sitting the ... |
| | | | ... government desperate to avoid accountability for their inept handling of the industry," Johnston said. Hume announced last Friday that Levy, a partner at Allens who has specialised in financial services, life insurance and superannuation law throughout ... |
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