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Showing 5111 - 5120 of 29064 results for "PRI"

ASIC prosecutes market manipulator

CHLOE WALKER  |  TUESDAY, 7 JUN 2022
ASIC has successfully prosecuted a'pump and dump' operator on 23 charges of manipulating listed stocks on the ASX; the first conviction of its kind for the regulator. Gabriel Govinda (known as 'Fibonarchery' online) pleaded guilty to the charges, and ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
In the three years to March the number of ETPs increased by 29%, with the Australian market now made up of different subsets. This morning, Rainmaker Information's head of investment research John Dyall appeared at the Financial Standard Best Practice ...

Qantas Super invests $2bn in Calvert, Goldman Sachs

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Qantas Super has announced a $2 billion investment in Calvert Research and Management and Goldman Sachs Asset Management to reduce its carbon intensity. The corporate super fund hopes the partnership with Calvert and Goldman Sachs will help it achieve ...

Magellan shares punished after FUM drop

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
In an update to the ASX this morning, Magellan Financial Group reported that its funds under management dropped $3.6 billion in the month to May 31. Magellan's funds under management now sits at $65 billion, down from $68.6 billion at the end of April. ...

Magellan, Platinum dropped in S&P/ASX rebalance

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The latest changes to the S&P/ASX Indices see the removal of Magellan Financial Group and Platinum Asset Management from their respective indexes. Effective June 20, Magellan Financial Group will drop out of the ASX 100, with no stock listed as being ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
Stuart Robert has been handed the financial services portfolio in Peter Dutton's shadow ministry, while Angus Taylor is shadow Treasurer and Jane Hume becomes finance minister. Robert has been appointed as the shadow assistant treasurer and shadow minister ...

Apostle Funds Management appoints chief operating officer

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Eric Chu will become the first chief operating officer at Apostle Funds Management. Chu joins in the newly created role with over a decade of experience in financial services, including a career in fund accounting at Custom House Global Fund Services ...

Teaminvest creates co-living impact fund

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Teaminvest Private Group (TIP) launched a new wholesale managed fund with a focus on housing affordability, accessibility, and inclusivity. The Coliving Future Property Fund is set to invest in co-living related assets, which may include businesses ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...

Pendal launches new charitable investment vehicle

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Pendal has teamed up with Investment Giving Australia to launch a new product in the Australian market that will allow investors to pass fund distributions on to charity. The launch of Investment Giving will offer investors the opportunity to direct ...