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Showing 561 - 570 of 6715 results for "Securities"

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... question were the Advance Balanced Multi-Blend Fund, Advance International Shares Multi-Blend Fund, and Advance Property Securities Multi-Blend Fund. Together, they hold about $4.2 billion in assets. The orders were issued in March, before the business ...

Aussie small caps, property funds in the red

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... double-digit returns, including Atlas' High Income Property Fund (-13.1% p.a.), UBS CBRE's Global Property Securities Fund (-18.2% p.a.), Charter Hall's Maxim Property Securities Fund (-15.7% p.a.) and Ironbark's Paladin Property Securities ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
ASIC flagged it will take a formidable role in regulating how artificial intelligence will impact the securities and corporate sectors. ASIC chair Joe Longo unveiled much of the regulator's agenda in the short term, with AI taking up a "high and important ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... often regulated and CPI-linked which offer more defensive characteristics in high-inflation environments than other securities," he said. Meanwhile, VanEck further explained that REIT gives investors access to a diversified portfolio of international ...

BlackRock files for bitcoin ETF

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
BlackRock's iShares has filed paperwork with the US Securities and Exchange Commission (SEC) to develop a spot bitcoin ETF. The iShares Bitcoin Trust will seek to mirror the performance of bitcoin's price before the payment of expenses and liabilities. ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... shares will be subject to escrow and clawback provisions. Elanor will be able to clawback up to 15.7 million of the securities at 63% of the purchase price if certain investment management agreements are terminated within nine months of completion. The ...

Banned adviser told to stay put

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... 2015 and 2021, Ridgway recommended clients invest in a range of international unlisted shares sourced by McFaddens Securities, a Sydney-based firm with connections to the UK. The shares included pre-IPO companies like Steppes Alternative Asset Management ...

New Quantum reveals Nasdaq listing plans

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... proforma enterprise value of New Quantum at $1.1 billion, following its acquisition of a majority interest in Morrison Securities from Sequoia Financial Group in June. "New Quantum's technology and platform have the potential to revolutionise the financial ...

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... end of the June quarter. FinClear will provides clearing services for Webull customers trading in Australian-listed securities. It joins the likes of Ord Minnett, Crestone Wealth Management, Superhero, Stake and Velocity Trade, which have partnered with ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... corporations for five years and will be unable to be involved in the business of a market participant in connection with securities and futures markets. ASIC's investigation into BBY is ongoing.