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Showing 551 - 560 of 6949 results for "March"

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... to maintain "high standards". Gawad Nabi, who served as an authorised representative of Hobart-based Life Plan FP from 23 March 2018 to 31 March 2021, breached various financial services laws and failed to understand his obligations under the Corporations ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. "ETH is now firmly on the path towards ETP status. Although already the second largest crypto asset, this will ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... to £170,000. The net asset test threshold rose from £250,000 to £430,000. The government reversed the order effective March 27 following concerns from stakeholders about the unintended impacts, particularly start-ups' inability to raise finance from ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... interest rates on hold. "The resumption of rate hike discussions in May follows the removal of that deliberation at the March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... 2024, subject to market conditions." In total, NovaPort Capital had about $303.6 million in funds under management as at March end, the bulk of which was held in the Smaller Companies offering on behalf of retail investors. Institutional mandates only ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... and remain quoted on the ASX, given the lack of support for the fund's strategy in the listed channel." At the end of March, the active ETF units represented about $8.12 million or 7.3% of the fund's total funds under management. Separately, the ...

GQG completes acquisition of three boutiques

ELIZA BAVIN  |  MONDAY, 20 MAY 2024
... executive chair and executive director Rajiv Jain said. GQG announced the launch of GQG Private Capital Solutions back in March. At the time, it entered into an agreement with Pacific Current to acquire the boutiques for US$71.25 million. The new private ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Trustees has been appointed as the responsible entity of the fund. Loomis Sayles manages $348.4 billion in assets as of March 31.

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... overturn the leadership. The cohort has a 10.65% take and acquired some 3.24 million shares from 26 February 2024 to 21 March 2024, most of which sit with Glennon Capital. The shareholders want to replace them with Sequoia head of professional services ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... delivered 34.5% net of fees in the 12 months to February and narrowing the NAV per unit trading discount by 4.2% (as at March 14), the RE will press on with the conversion to an open class unit. Magellan Asset Management has now engaged with regulators ...