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Showing 5971 - 5980 of 22790 results for "Funds"

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... The boutique will lead origination of new transactions, provide credit analysis and structure investments alongside other funds. Revolution was set up in 2018 by Bob Sahota, Simon Petris and David Saija as partners and co-founders. It currently has about ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... APRA said it will assess the impact of the evolving external environment on: liquidity and investment risk, defined benefit funds, the loss of member accounts, and the operational resilience of key service providers such as administrators. Across the ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... Royal Commission, with hundreds of planners bearing the brunt of brutal restructures and fire sales by banks and wealth funds," ombudsman Kate Carnell said earlier this year. "We remain concerned about a number of behaviours that may include the conduct ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... Messara from Caledonia Investments; Peter Cooper from Cooper Investors; Hamish Douglass from Magellan; Philip King from Regal Funds Management; David Paradice from Paradice Investments; and Hamish Corlett and Tom Cowan from TDM Growth Partners. The $5.1 ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications and 24,000 were repeat applications. The total number of initial applications has ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... out of more than US $27 million. The SEC said Dennis Jali, John Frimpong and Arley Johnson falsely told investors their funds would be used by a team of skilled and licensed traders for foreign exchange and cryptocurrency trading. They allegedly promised ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
... self-managed superannuation fund clients, without authorisation. Between 2016 and 2018, Gordon subsequently used $473,600 from funds belonging to Diverse to pay off his personal debts and expenses, as well as business expenses for Refocus. "Those funds ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... against misconduct. "A new ASIC-wide working group will undertake this work," the report read. ASIC warned superannuation funds that it will closely monitor the impact of COVID-19 on insurance offerings. This includes reviewing trustees' communications ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... part of IOOF." IOOF said the transaction will transform the business into the largest retail wealth manager in terms of funds under management (FUM) totalling $510 billion, the largest advice business with 1884 advisers and the second biggest super provide ...

AMP Capital's door keeps revolving

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... wish him all the best with his future endeavours." Le Mesurier oversaw some of AMP Capital's diversified multi-asset funds including Ethical Leaders Balanced Fund and has been instrumental in integrating ESG philosophy across AMP Capital's asset ...