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| | | Westpoint investors in ASIC's class against Glenhurst Corporation will receive their share of $24.5 million recovered to date by the corporate regulator. The Glenhurst settlement, worth $2.5 million, is one of six reached by ASIC on behalf of investors ... |
| | | | Dimensional Australia has hired an additional portfolio manager and a new compliance manager for its Sydney office. Thomas Reif has been appointed portfolio manager, joining the firm from JPMorgan, where he previously served as executive director of ... |
| | | | The Australian market has received mixed leads from overnight trade offshore. Wall Street indices were flat to marginally higher, whilst metals were higher, but oil was slightly lower. At 0739 AEST on the Sydney Futures Exchange, the September share ... |
| | | | The Australian stock market has received a mixed lead from offshore markets. Wall Street closed higher and futures contract prices for copper and oil firmed, but gold and silver prices eased. At 0747 AEST on the Sydney Futures Exchange, the September ... |
| | | | ASIC has successfully obtained court approval for a $2.5 million settlement on behalf of clients who invested in Westpoint products, following the advice of Glenhurst Corporation. It is one of five obtained by ASIC as part of its compensation proceedings ... |
| | | | The Australian share market has received positive leads from offshore trading overnight, with Wall Street indices generally higher, along with precious metals, oil and copper. At 0738 AEST on the Sydney futures exchange, the June share price index contract ... |
| | | | Investors affected by the Westpoint collapse have scored another win after ASIC reached an agreement to settle its actions against Glenhurst Corporation and its insurer, QBE Insurance (Australia), for $2.5 million. The settlement is subject to the approval ... |
| | | | The Australian market has flat to negative leads from trading offshore overnight, with Wall Street marginally higher, but European and Asian markets generally lower. Precious and base metals were lower in New York, although oil was slightly higher. ... |
| | | | Boutique firm Alpha Fund Managers has added the Fairview Equity Partners Emerging Companies strategy to its Alpha series multi-manager line-up. "The Fairview Equity Partners Emerging Companies strategy provides investors with an actively managed and ... |
| | | | "It was the best of times, it was the worst of times..." These words from Charles Dickens' novel, A Tale of Two Cities, have again been brought to life by two opposing monetary prescriptions by two central banks - further interest rate hikes for the ... |
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