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Showing 511 - 520 of 5737 results for "Small"

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... be paid. Bragg told Parliament last year: "There's no criminal prosecution, there's no civil process other than a small fine, which is now not going to be paid. But the further fly in the ointment here is that Dixon Advisory has now phoenixed ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... similar age. "In Australia, a 10 percentile rise in a parent's rank in the income distribution is linked to a relatively small 1.8 percentile rise in the child's rank," PC commissioner Catherine de Fontenay said. "This result places us near the top of ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
Some investment managers still scored large mandates despite an overall nosedive in appointments by not-for-profit super funds. Alphinity, which manages $31.39 billion of Australian-sourced funds, was awarded a $2.92 billion international equites mandate ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... this is just an estimate, and the final amount could change. We think this amount remains much too high for a shrinking small business financial advice sector, the vast majority of whom are doing the right thing yet are paying for supervision and enforcement ...

GAM launches alternative investments unit

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... From 2017 to 2023, Freeman was a member of the Investment Committee of SSVL Monaco, a Monaco based activist fund focused on small and mid-cap European companies. Prior to that he was the chief investment officer of the Fortress Centaurus Global Fund. ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... three companies owe close to $6 million to creditors, including $482,289 to the ATO and more than $500,000 to a range of small businesses. ASIC found Oey acted improperly and failed to meet his obligations as a director and officer when displayed a poor ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... 12.94% of the voting interest. His son, Brent Jones, and his company Unrandom have over 10 million shares or 8.15%. Glennon Small Companies chair Michael Glennon owns more than eight million shares or 6.57%. The cohort also wanted to remove chief executive ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted, property-secured ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... structure allows proceeds received from exits to be reinvested into new co-investment opportunities. Co-investments will be into small-to-medium sized Australian companies forecast to generate strong returns alongside co-investment partners, Stafford ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, which contains the new laws governing non-arm's length expenses ...