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Showing 541 - 550 of 4731 results for "distribution"

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... Select Income Fund to retail clients, saying Australian Unity had failed to take "reasonable steps likely to result in distribution conduct being consistent with its target market determination (TMD)." The Australian Unity Select Income Fund is a contributory ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... arrangements for the management of conflicts of interest, failed to take reasonable steps to ensure its retail product distribution was consistent with its target market determination, and did not do all things necessary to ensure that financial services ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
The Reserve Bank of Australia (RBA) has been accused of using young Australians as "cannon fodder" in the fight against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... despite previous discussions being that the entirety of the offender's superannuation should be available for distribution to satisfy any civil claim, whether by judgement or settlement agreement," Carpenter submitted to Treasury. "As we have seen ...

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... partnered with a global fund manager to bring Asia-focused strategies to local wholesale and institutional investors. The distribution specialist is taking Matthews International to the Australian and New Zealand markets. The fund manager has about US$8.1 ...

GSFM and Tribeca part ways after 16 years

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... completed. "Effective 1 June 2024, Tribeca Investment Partners will serve as the primary point of contact for the distribution of its funds and strategies," he said. "GSFM continues to collaborate with nine other fund manager partners, each offering ...

T. Rowe Price hires to strengthen adviser relationships

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... ACT. Prior to that, Banasiak held various roles with BT Financial Group. Ross welcomed Banasiak to the Australian distribution team, saying she has an established record in business development and a sophisticated understanding of Australia's retail ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... has built a strong investor network over its lifetime. What appeals to us about this partnership is GSFM's strong distribution track record in Australia, backed by its highly experienced and long-standing distribution team," he said.

KKR forms exclusive partnership with Capital Group

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
KKR and Capital Group have formed an exclusive strategic alliance to democratise hybrid public-private market investment solutions across multiple asset classes, geographies, and channels. The first strategies, slated to launch in the US next year ...

ASIC places stop orders on Trademax Australia

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... investors. ASIC said Trademax, known as TMGM Group, failed to take reasonable steps likely to result in its retail product distribution conduct being consistent with two target market determinations (TMDs). It said Trademax relied on an inadequate retail ...