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Showing 551 - 560 of 8993 results for "ASX"

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... investment reflects Factory Capital's confidence in Finexia's strategic vision and growth potential," Finexia said in an ASX announcement. Finexia said the funds raised from this placement will be used to scale its private credit operations ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... acquired Castle Corporate, Castle Legal, Clique Paraplanning, and Australian Business Structures. It sold the Yield Report to ASX-listed Finexia Financial Group (FNX) for 500,000 ordinary shares in FNX. In July, it entered into an agreement to sell the ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
BlackRock Australia has announced it will launch the iShares 20+ year US Treasury Bond ETF (ASX: ULTB) with a management fee of 0.15%. The addition of the ETF extends the local iShares fixed income range, which it said offers Australian advisers and ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
ASX-listed real estate fund manager 360 Capital (TGP) flagged it turned its operations around in the 2024 financial year and hopes that it will be even more sustainable as the bottom of commercial real estate nears. The group made a statutory net profit ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... wealth management industry. For SSGA, the deal means making its ETFs available on Raiz's platform. SSGA's SPDR S&P/ASX 200 Fund (STW) is currently the largest single fund holding by Raiz customers. SPDR MSCI Australia Select High Dividend Yield ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... determination to dispose of AOF's main undertaking and has obtained AOF unitholder approval to do so in accordance with the ASX Listing Rules, AOF is unable to return to unitholders any proceeds from the sales of 2-10 Valentine Avenue, Parramatta ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX today, Insignia Financial said the loss was due to $257.7 million in transformation and separation costs and $243 million ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... of instructing the transfer of $6.8 million out of BBY's Futures client segregated account to fund a margin payment owed to ASX Clear in June 2014. Similarly, in March 2015, she caused the transfer of $1.6 million and $350,000 out of client money accounts ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... listed companies walking away from advice subsidiaries and placing them into administration. Dixon Advisory, which morphed into ASX-listed E&P Financial at the height of the US Masters Residential Property Fund (URF) scandal, is one prominent example. ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... expectations are clear." Schubert said the fit and proper test is "more robust" than the assessments made of directors at ASX-listed companies. "If super funds had the governance model of listed companies, there's no evidence it would mean stronger governance ...