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Showing 511 - 520 of 6692 results for "Securities"

Russell adds to sustainable managed portfolios

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... lower carbon emissions and enhanced ESG outcomes compared to the relevant benchmark. The portfolios comprise listed securities, managed funds and exchange-traded funds with the aim of meeting both investment and sustainability objectives. The fund manager ...

SG Hiscock partners with US fund manager

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... SGH's other partners that include Morgan Stanley Investment Management (Australia) and LaSalle Investment Management Securities. SGH has also recently entered a partnership with abrdn in which the former is the wholesale distribution partner for ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... liabilities. At the end of June, it had $413.4 million invested in PIMCO funds, which includes $393.7 million in interest securities and $19.7 million in cash. Life insurance net-profit after tax rose 38% year on year to $40.4 million. ClearView's 24.4% ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... on behalf of Aussie investors also grew, up 21.7% to $10.1 billion. "HSBC is one of the largest and most experienced securities services providers globally with $9.1 trillion of assets under custody, and in many markets throughout Asia we are the only ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... traded at about $1.25 at the time of writing. "As a result of AMP's contravening conduct, the price of AMP's securities was, prior to the Royal Commission disclosures, inflated above their true value and/or the price that would have prevailed ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... determination from the Australian Financial Complaints Authority relating to personal financial advice, credit intermediation, securities dealing or credit provisions. It will be funded by levies imposed on parts of the financial services industry. Meanwhile ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... 37.6% plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking a 3.4% decline. ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... follows a $3 million cash injection from a group of investors that included Alium Capital and H2 Ventures and led by ETF Securities founder Graham Tuckwell in May. The consortium invested an initial $2.2 million in 2017. Stockspot founder and chief executive ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... UK and Ireland. In his new role, Selman will operate under the leadership of Paul Uhlman, the president of Federated Securities Corp; he oversees global distribution. "Under Clive's leadership we will seek to scale our sales and business development ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... February 2021 to 30 June 2023, Active Super "held 28 holdings, either directly or indirectly, which exposed members to securities it claimed to restrict." Some of the holdings included: Gambling : Skycity Entertainment Group Limited, PointsBet Holdings ...