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Showing 551 - 560 of 34107 results for "fund"

Vanguard pays $40m in ESG antitrust lawsuit

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2026
... coal production slowed and prices rose, in what was called an example of anti-competitive trade practices. Last year, the fund managers were unsuccessful in attempts to have the case dismissed. Now, Vanguard has decided to settle, paying $41.6 million ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... into managed investment schemes (MISs) falls short of addressing critical issues that could prevent another Shield Master Fund and First Guardian Master Fund disaster, the Financial Advice Association Australia (FAAA) says. The FAAA highlighted numerous ...

Silvercrest AM expands into Australia, launches fund

ELIZA BAVIN  |  TUESDAY, 3 MAR 2026
... of a head of APAC consultant relations and business development and the launch of the Silvercrest Global Value Opportunity Fund for wholesale clients. Christina Manonian has taken on the new role and will be based in Melbourne. The Australian launch ...

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...

AFCA expands C-suite with three hires

ELIZA BAVIN  |  TUESDAY, 3 MAR 2026
The Australian Financial Complaints Authority (AFCA) has announced three new C-suite appointments. In two newly created roles, Deborah Jenkins has been appointed chief customer officer and Stevie-Ann Dovico has been appointed chief technology officer. ...

MA Financial to realise $20m on aged care facility sale

MATTHEW WAI  |  MONDAY, 2 MAR 2026
ASX-listed MA Financial Group will sell the sole asset of its MA Aged Care Fund, delivering investors almost threefold returns. MA Financial has signed an agreement to sell Infinite Care to Anglicare Sydney for an undisclosed sum. It is due to be completed ...

New SMC campaign to help Aussies care for 'golden super goose'

RIDDHIMA TALWANI  |  MONDAY, 2 MAR 2026
Super Members Council (SMC) has launched a national education program, urging young Australians to start looking after their superannuation savings. The 'Look after your super' initiative uses the concept of the golden super goose to help Australians ...

AFCA reveals outcome of final lead decision

MATTHEW WAI  |  MONDAY, 2 MAR 2026
... advised by Next Generation Advice in 2022 to roll over their existing superannuation into establishing a self-managed super fund (SMSF) and invest in three funds, including the Shield Master Fund. AFCA was told that the firm's advice involved an ...

Former IFM executives branch out, launch Black Kite Partners

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... associate director, while Scott Butchers is a senior associate. Black Kite will soon launch its first independent strategy - Fund 3, targeting about $500 million of commitments. During their time at IFM, the team oversaw the Fund 1, with $200 million ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
... retire from the board upon completion of the merger. Magellan said Barrenjoey has an implied value of $1.6 billion and will fund the transaction via the issue of new Magellan ordinary shares to Barrenjoey shareholders. Barclays and Magellan are the founding ...