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| | | The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ... |
| | | | Aberdeen Investments has reached an agreement with MFS Investment Management to acquire nine MFS funds to create two separate closed end funds. Aberdeen Investments has reached an agreement with MFS to acquire the management of nine closed end funds ... |
| | | | Natixis Investment Managers has appointed Daniel Shelest as distribution director for researchers and consultants. Bringing a decade of experience to the role, Shelest will be responsible for strengthening the asset manager's relationships with research ... |
| | | | Praemium will buy advanced technology, and computing machinery and intelligence (CM&I) specialist Technotia Laboratories. Under the deal, Praemium will acquire 9,047,045 ordinary Technotia Laboratories shares at $0.829 per share, bringing the total ... |
| | | | The ASX has agreed to a package of reforms aimed at strengthening confidence in Australia's critical market infrastructure, providing certainty about the market operator's reset, and responding to the Interim Report released today by the panel of the ... |
| | | | AustralianSuper has shifted its chief technology officer to the newly created role. Mike Backeberg will lead the fund's technology, digital and data services strategy, and has been managing AustralianSuper's member operations and data and technology ... |
| | | | ... acquiring good companies overseas through M&A and investing in domestic ventures". It said it will divide the investments into direct equity investments, indirect equity investments, infrastructure holdings, and low-interest lending support. "Temasek ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ... |
| | | | Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%. The ASX-listed travel and accommodation agency services ... |
| | | | ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ... |
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