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Showing 521 - 530 of 8316 results for "Retail"

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million. CBRE head of retail capital markets - pacific, Simon Rooney negotiated the deal on behalf of a Dexus managed fund. Scentre and Barrenjoey have ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... growth class, high growth class and conservative class units of the fund. ASIC said it made the interim orders to protect retail investors from acquiring products under PDSs that may be defective and not worded and presented in a clear, concise, and ...

AFSLs undertake more reviews, lack risk documentation

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... advisers, with 66% considering this as part of the review. In 2023, this was only taken into account by 47% of respondents." Retail licensees said getting the design and distribution obligations (DDO) right was a top priority even though it resulted ...

Temasek invests $300m in Betashares

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... latest ETP Report, sitting behind Vanguard and leading BlackRock and VanEck. In that time, it launched Betashares Direct, a retail investment platform for self-directed investors and flagged intentions to enter the superannuation industry via the acquisition ...

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... GameStop furore in early 2021 underscored the formidable influence of social media platforms on share prices thanks to retail investors gathering on Reddit's WallStreetBets to make big bets on the company, spawning what otherwise became known as ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... published on the VentureCrowd intermediary platform. ASIC said it made the interim order in the public interest to protect retail investors looking to invest in the offer. This is ASIC's first use of its stop order powers in relation to a CSF offer ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... charging as much as $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." SMC has now picked up where AIST left off, renewing the call for government to extend the laws to prevent advisers ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... with a minimum investment of $2000. Pengana said it believes TermPlus is poised to attract significant interest from both retail and institutional investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank of Australia's ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... from a financial product. The bill proposes that advisers should make Financial Services Guides (FSG) easier to provide to retail clients. They can continue to provide clients an FSG or make information in the document available on their website as "website ...

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
Australian Unity Funds Management has been told to stop offering its Select Income Fund, with ASIC saying retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market. ASIC made an interim ...